Sprint-Nextel paying Virgin Mobile more to ramp up subscribers
Listen, we know that something'sgoing on with Sprint -- take the move toward leased access for WiMAX on Clear and the recent big sale of cell towers, for example -- but this is just getting fishier and fishier. Now, it looks like Sprint is trying to up its total subscriber count by paying Virgin Mobile an additional $2 per customer it signs through the end of the year while also dropping the minimum wireless services tab it was previously obligated to pay. Apparently it takes about 11 -- yes, eleven -- Virgin customers to equal the revenue generated from just one Sprint customer, and since the carrier's organic subscriber tally has been on the decline lately, maybe it's starting to rely on its MVNOs to pick up some of the slack.
[Via mocoNews]
