Home > M&A deals 2001 > Sprint Corporation (NYSE: S) and 2 others invest in Virgin Mobile USA, Inc.

Joint Venture · October 2001

Sprint Corporation (NYSE: S) and 2 others invest in Virgin Mobile USA, Inc.

On October 4, 2001, Sprint Corporation (NYSE: S), Virgin Group Ltd. | Media | and SK Telecom Co. Ltd. invested in Virgin Mobile USA, Inc.

Deal at a glance

AnnouncedOctober 4, 2001 TypeJoint Venture TargetVirgin Mobile USA, Inc. Buyers Sprint Corporation (NYSE: S)
Virgin Group Ltd. | Media |
SK Telecom Co. Ltd. ValueNot disclosed

Target company

Virgin Mobile USA, Inc.

-sector

-founded

Activestatus

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Buyers (3)

Sprint Corporation (NYSE: S) Lead

Company · 12 deals on record

Virgin Group Ltd. | Media | Co-investor

Company · 1 deal on record

SK Telecom Co. Ltd. Co-investor

Company · 10 deals on record

12deals, all time

0in this sector

2013latest

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Questions about this deal

Who acquired Virgin Mobile USA, Inc.?Sprint Corporation (NYSE: S), Virgin Group Ltd. | Media | and SK Telecom Co. Ltd. invested in Virgin Mobile USA, Inc. on October 4, 2001.

What type of deal was it?It was a joint venture in 2001.

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