- Guides Q3 EPS $0.00-0.03 v $0.08e.
- Guides net service revenue for Q3 $285-295M.
- Q2 churn 5.6% v 5.7% y/y.
- Q2 ARPU $19.32 v $20.97 y/y.

Other headlines for [VM]

• VM 11/17/2008 12:33pm
  Virgin Mobile USA InC A Identifies Additional Synergies and Related Cost Savings- CEO: "Our intent is to expand our investment in both our prepaid and new postpaid business and, in order to do so profitably, we must more...
  
• VM 11/10/2008 04:16pm
  Virgin Mobile USA InC A Reports Q3 $0.07 v $0.04e, R $305M v $315Me- Guides Q4 EPS $0.03-0.07 v $0.06e - Guides net service revenue for Q4 $310-320M - Q3 churn 5.5% v 4.9% y/y - Q3 ARPU $20.19 v $12.81 y/y
  
• VM 10/15/2008 09:18am
  Virgin Mobile USA InC A Stanford Group Analyst Raised VM to Hold from Sell, price target: $2
  
• VM 10/3/2008 07:26am
  Virgin Mobile USA InC A Pali Research Raised VM to Hold from Sell
  

Telecom sector headlines

• TEF Today 03:39am
  Telefonica S.A. (ADR) CFO: Had discussions with German broadband operators - conf call- Says discussions did not go too far - Was looking to acquire a broadband operator
  
• CPW.UK Today 02:55am
  Carphone Warehouse Societe Generale Cuts CPW.UK to Sell from Buy
  
• GLW Yesterday 10:18pm
  Corning Inc. May reduce its headcount in Taiwan and Japan - Commercial Times- Follow Up: The company said it will halt its Taiwan LCD expansion plans and production. Also, the company said it plans to fire 200 more...
  
• CHA Yesterday 09:55pm
  China Telecom Corp. Ltd. Oct fixed line users down 1.09M v 630K decline in Sept; Oct broadband users +700K v +730K m/m- No further details at this time
  
• CHL Yesterday 08:13pm
  China Mobile (Hong Kong) Ltd. Added 7.194M subscribers in October v 7.25M m/m- It had 443.3M subscribers at end-October.