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Virgin’s Inner Circle Could Give Sprint 17,000 New Prepaid Customers In Third Quarter

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According to Wall Street analyst firm Jefferies Group LLC, Sprint will likely find itself in a good position to gain 17,000 new prepaid customers in Q3 2017 because of its prepaid arm Virgin Mobile’s Inner Circle unlimited offering.

For those still not familiar with Inner Circle, it is a plan that promises a whole year of unlimited data for just one dollar. By any measure, the Inner Circle plan is a very generous and attractive special offer, and it came about as part of Sprint’s relaunching of its Virgin Mobile brand, which has now been transformed into a mobile operator that sells only iPhone devices. The $1 for one year unlimited data deal was made available to any new customer who purchases an iPhone from Virgin, as well as to those existing customers who decide to upgrade to an iPhone. After the first year of service is finished, the unlimited data plan’s pricing reverts to the usual $50 a month.

It is a good bet that the Inner Circle deal so far has already gotten a lot of takers. The fact that Sprint has recently chosen to extend the promo period until the end of this month may be a sign that there is indeed some significant demand. And Wall Street is noticing -- in a research note, Jefferies is projecting that the Inner Circle offering will result to impressive new prepaid customer addition numbers for Sprint by the end of the third quarter of this year.

Jefferies further pointed out that the prepaid market’s role in the United States’ wireless industry will become bigger in the months to come, especially as the level of competition continues to ramp up. Interestingly, the analyst firm also noted that recently, prepaid gross additions seemed to have decreased more compared to that of previous years. That is offset, however, by ever declining customer turnover rates, which resulted to 415,000 prepaid net additions during Q2 2017, marking the sixth straight quarter in which there were at least 400,000 additions in the prepaid market.


Source: FierceWireless

33 comments:

Comment Page :
  1. Only 17,000 ?
    Even TING can get 19,000 newbies in a Q with their high prices.

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    1. This has been going a little over a month? Ting had 19k over 6 months and half of those where due to the deal they struck to migrate ringplus customers over.

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    2. No one knows about Ting outside of people reading PPPN and former RingPlus enthusiasts.

      Virgin Mobile, however, is heavily promoted.

      Delete
  2. Why would anyone get VM? They don't have any international, no WiFi calling, no tethering, and no group-rates. If you want Sprint, there are better options like the 1-year free service. This plan isn't attractive at all especially when its limited to an iPhone.

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    1. Some people do not have compatible phones. Or think it is only available if you switch from postpaid. Plus there is no hard credit pull. Some don't have the ability to go postpaid.

      Delete
    2. tethering IS available, for $10 add'l per month and allows 10 GB per month.

      also, a VERY noteworthy feature of this Virgin MOBILE plan is the fact that it includes, at no added cost, 800 minutes of roaming (Verizon, perhaps US Cellular?) in case you travel beyond the service area.

      Delete
    3. I need to add, the coverage I experience with Sprint here in NYC is as good or better than Verizon. YMMV. I have been using Sprint through other MVNO's for four years, and yes the USED TO BE HORRIBLE in terms of coverage but they did a major rebuild of their network infrastructure after getting their sugar daddy (Softbank) to provided the needed capital to do so.

      Delete
    4. A few more thoughts to share while I am sticking up for SPC/VM...

      I am blessed to know better than to use anything but iphone. AND furthermore, why complain about "no group rates" when the service is $1 a year? After a year take the device and go to TELLO or another carrier altogether.

      NOTICE: after 14 days of service I requested a DOMESTIC SIM UNLOCK, which took five minutes over the phone. I did struggle with a "regular" Virgin Mobile rep for 25 minutes explaining, til I was blue in the face what I wanted to do (domestic/international SIM unlock). After 25 minutes she cheerfully transferred me to the "INNER CIRCLE" group, which was manned/staffed by stateside reps and the iPhone was unlocked in under 5 minutes. The number for the inner circle group is 844-604-3422, please make a note.

      One final comment, the iPhones from Sprint/Virgin Mobile, once unlocked will work in more countries than most if not all other versions of the iPhone sold here in th U.S.A.

      FOR EXAMPLE, FOR THE IPHONE 6 SEE BELOW:

      A1524: The model is available via Sprint in the US and it is sold locked to the CDMA carrier. However, you can buy the unlocked iPhone 6 Plus in some countries in Asia and Europe like Singapore, Hong Kong, or Japan. It has a wide range of spectrum frequencies and technically it is compatible with any GSM or CDMA operator. However, the problem is that you won’t be able to buy the version easily in the US. If you want to buy the factory unlocked iPhone 6 Plus A1524 in the US, you can look for it on Amazon but absolutely it will be priced higher than the T-Mobile contract-free version found at Apple Store. Following are its radio frequencies: CDMA EV-DO Rev. A and Rev. B (800, 1700/2100, 1900, 2100 MHz), TD-SCDMA 1900 (F), 2000 (A), GSM/EDGE (850, 900, 1800, 1900 MHz), UMTS/HSPA+/DC-HSDPA (850, 900, 1700/2100, 1900, 2100 MHz), FDD-LTE (Bands 1, 2, 3, 4, 5, 7, 8, 13, 17, 18, 19, 20, 25, 26, 28, 29) and TD-LTE (Bands 38, 39, 40, 41). You will be able to use LTE in Europe and Asia including countries like China, Hong Kong, Japan, France, Germany, Singapore, Australia and the UK.

      (THE ABOVE IS WHAT YOU WILL GET FROM VIRGIN) and while it will work for Verizon DATA, no CDMA (standard) voice calling is possible due to not having the appropriate bands for "phone".

      Bottom line for me, I have the iPhone SE, now unlocked, and I can use it on AT&T with slower than LTE speeds, again due to not having the ability to utilize the newer band for AT&T which is faster, and pretty much the same for T-Mobile. For international use it is very capable and I could currently sell this phone for more than I paid for it, and use an old iphone on my "dollar a year plan" well the first year.

      I hope this shines some more light on the Virgin Mobile "one dollar (almost) giveaway".

      I NEVER bought myself a brand new iPhone, I always buy used, and the (web only) prices for the 6 and SE are very, very reasonable.

      cheers!

      Delete
  3. If you have good reception, go for it.

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  4. If you live and play in an urban, low-income area, then it's not a bad deal to get a year of free service with an unlocked iPhone 7 Plus.

    But if you're on the road often or you live out of the way, and you still need consistent coverage, then Sprint just isn't an option.

    It's also worth noting that Sprint is on the verge of bankruptcy, and it's unclear whether customers will even get a full year out of this plan.

    It's a real crapshoot, so buyer beware.

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    Replies
    1. Lol they've been in the verge since they messed up the Nextel merger over a decade ago.

      Delete
    2. Definition of urban: "in, relating to, or characteristic of a city or town."

      Thousands of US cities and towns lack Virgin (Sprint) coverage, so, potential urban customers, check your coverage maps carefully.

      "But if you're on the road often or you live out of the way, and you still need consistent coverage, then Sprint just isn't an option."

      Most of the US has no Sprint coverage at all. I am not sure I would call most of the US "out of the way", nor would the majority of Americans, who live in or go to these areas without Sprint.

      Virgin is indeed a crapshoot. Emphasis on crap.

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    3. This thread all false (except maybe the definition of 'urban'). Inner Circle members get Sprint postpaid coverage, so where there is no Sprint native network, there is roaming included almost everywhere. That includes data roaming. And there are no voice or mobile data limits on Sprint *Extended Coverage* roaming partner networks. Members also have limited voice and data roaming on Verizon outside of *Extended Coverage* areas. Anybody can see this on the new Inner Circle coverage map, which matches the Sprint postpaid map (colors vary).

      Delete
    4. Actually, Inner Circle data roaming is even smaller than I thought:

      "....base plan 100MB domestic data roaming allotment..."

      From the Virgin Inner Circle page.

      Sorry, to be honest, 100mb of roaming is really "no roaming at all" with an asterisk after it.

      Delete
    5. "Inner Circle data roaming is even smaller than I thought:"
      You don't read very well, or are misleading people. You are missing all of the "Extended Coverage" roaming areas that are included in the Inner Circle plan without limits. Bright red on the coverage map.

      Delete
    6. "You don't read very well, or are misleading people"

      Neither. I read it, and am honestly reflecting what is on the map. The coverage is still very poor. Look at the map below. It does very little for the situation in which Sprint coverage is rather poor, only a small part of the country, and much smaller than AT&T and Verizon... and even T-Mobile.

      The "Bright Red" Extended Virgin coverage results in good coverage in Mississippi: that is ALL. And possibly Oklahoma, too. While it does add some coverage to Nevada, the coverage is still poor in that state (less than half). If anything is misleading, it is claiming that this poor coverage is anything better than it really is.

      There you have it: even with Extended roaming, Virgin "Inner Circle" only allows you to use a miserly useless 100 mb a month of data in most of the US.... and this according to Virgin's current map.

      click here for map.

      Delete
  5. 17,000 until the promo year runs out, have Jefferies Group LLC get back to us then.

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    Replies
    1. You'll have a long wait. After this month, new members will get 6 months Unlimited service for $1.

      Delete
  6. Corrections to article - the cost of service is $1 per year not each month, the phones do not have to be purchased from Virgin mobile they can also be purchased at Apple stores.

    Coverage maps for Sprint service do not show data speeds, areas within a football field length from each other can vary from 0.05 mbps to 12mbps and that is how Sprints data works

    ReplyDelete
    Replies
    1. The post has been corrected to indicate the Inner Circle is $1 for the first year. As far as speeds varying, that applies to all carriers. Sprint certainly covers less overall area than the competition but I have not found its speeds to be any less consistent than AT&T and T-Mobile.

      Delete
  7. We love the Inner Circle plan. New SE and will still save $200 over a year after phone purchase. Plus we get postpaid coverage with Inner Circle! Tethering costs $10/month - don't believe ignorant Sprint haters.

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    1. I agree that the coverage is very good on inner circle. Just got back from a trip to rural Westminster SC; we had fast Sprint LTE there. Data coverage all 700 miles of the trip.
      Anybody can see the extra 'extended coverage' with inner circle. It's bright red on the map. Same as lime green coverage on the Sprint postpaid map. No data or voice limits with these roaming partner networks. Bright red over almost the whole state of MS, Western KS. Most of OK. Big areas of AZ, UT, NV, north of Dallas, etc. Covers holes in northwest WI and NC, Upper MI (places, highways where people live and work), eastern WA, western ID, etc. Boost only has 50 min. of voice coverage in these areas, and no data coverage in these areas.
      And there is ALSO the other tan/beige roaming coverage on Verizon and regional carriers that is limited to 800 minutes and 100MB/month. Boost is limited to 50 min voice, and has no data coverage there.

      Delete
    2. "....Upper MI (places, highways where people live and work), "

      Virgin claims coverage in a few tiny dots in Michigan's Upper Peninsula. No highways, and a total of what looks like a fiftieth of the total territory of the UP have anything with Sprint at all.

      The claim of "covers holds in NW Wisconsin" is also false, as, again, the company's own map still shows most of the state's NE quadrant with no Extended or any sort of Sprint data coverage.

      Delete
    3. "NW WI" was a typo. There is a big chunk of Extended Coverage in NE WI.

      Sprint Extended Coverage does cover sections of highways near population centers in MI U.P. Zoom in to see it. And there is Verizon roaming coverage, including data coverage across most of the MI U.P. with the Inner Circle plan. No other Sprint prepaid division or MVNO offers data roaming except Project Fi, and that is limited to 2G in most places, except for the T-Mobile 700 MHz coverage in Eastern U.P.
      Boost iPhones can't roam at all, anywhere, except for 911 calls.

      Delete
    4. I meant NE Wisconsin ... NW has almost no coverage, while a third or so of NE Wisconsin has coverage.

      The UP, with only 100mb data roaming onto VRZ, really has no data coverage... Seriously.

      Delete
    5. If you're serious and have driven across the MI UP much, you know you should not have your head in your phone. You should be looking at the beautiful scenery, watching out for deer and moose, eagles and the very occasional wolf. Plus cars passing ahead on the 2-lane highways. Once you get near Marquette, Escanaba, Houghton and a few of other destinations where there are more than a few people, you can stick your head back in your phone. And on Inner Circle, you can use all the mobile data you want with extended coverage.
      Moose and wolves only wander through Marquette a couple of times per year, so you probably won't miss them.

      Delete
    6. Overlooked in the odd moralizing in order to justify a 99% lack of coverage is the fact that people stream radio stations and audio services when they drive. On top of that there's the countless hotels and lodges in the UP where people stop and stay and can use their data as well. And the hundreds of cities and towns where people stop and stay (or live) which also have no coverage: the vacationland that is the UP is really ignored by Sprint, eh?

      And yes I am serious and have driven across the UP a lot.

      By the way, pal? If you are driving down the road while craning your neck out the window scanning the sky for eagles, you are causing a much worse problem than any texter can. If you want to see the eagles, pull off at the National Eagle Center in Wabasha, Minnesota.

      Delete
  8. 17k ONLY for a buck? Not impressed at all. Virgin mobile a disruptor? Nah. Just another loser prepaid division of a permanent loser network as in Sprint. Nothing to see here...

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    Replies
    1. Yes, sir... A carrier so bad that you practically give away its service, and hardly anyone wants to take advantage of it.

      Delete
  9. Can you hear me now!? No? ... probably because I use Sprint.

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    1. "Can you hear me now!? No? ... probably because I use Sprint."

      Yeah, I use Sprint, and I can hear you. But that is because I carry a Verizon-based Selectel phone for backup when I actually want to use data.

      Delete
  10. Virgin Inner Circle no longer offers 1 year of free unlimited. You can get 6 months of unlimited service for $1/mohth if you BYOiPH and transfer your phone number.
    Also, Virgin has discounted several iPhones by $100. The SE 32GB sells for $159, and the 32GB 6 sells for $199. You pay $50/month for service now if you buy a new iPhone from Virgin.

    ReplyDelete
    Replies
    1. .... And the circle draws tighter.

      Delete
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