Virgin Mobile USA to post net loss in 2007
Feb 4 (Reuters) - Virgin Mobile USA VM.N, a venture of Sprint Nextel Corp (S.N: Cotización) and Virgin Group [VA.UL], said it expects to post a net loss for 2007.
The company said it sees a net loss of $3 million to $6 million for the year, citing preliminary data.
For the fourth quarter, Virgin Mobile expects to report net customer additions of about 210,000, bringing the total number of net additions for 2007 to about 512,000. (Reporting by John Tilak in Bangalore; Editing by Himani Sarkar)
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