Sales reports

First quarter 2008 U.S. revenues from handset sales reached $2.7 billion -- down 7 percent from the previous year

PORT WASHINGTON, NEW YORK, May 20, 2008 – According to The NPD Group, the leader in market research for the wireless industry, mobile phone handset sales to consumers in the U.S. reached nearly 31 million units in the first quarter of 2008, which is a 22 percent decline since the same period a year ago.

NPD estimates total first quarter 2008 consumer sales of nearly $2.7 billion, down from $2.9 billion a year ago.

Motorola W220i: Photo by Muhammad Hamidi (CC)

“For the first time since NPD has tracked handset sales, we’ve noted a decline in sales during the first quarter after the holidays,” said Ross Rubin, director of industry analysis for NPD. “Cellular phone service has become a practical necessity in modern life; however, with looming economic concerns on the horizon, many consumers may be holding back on new handset purchases.”

WARREN, N.J., Feb. 4 -- Virgin Mobile USA (NYSE: VM), a leading national provider of wireless services with no annual contracts, announced today selected preliminary subscriber information and financial guidance for the fourth quarter and full year 2007. Each of the results reported are preliminary and subject to completion of full audited financial statements for the periods referenced.

In the fourth quarter 2007, the Company expects to report net customer additions of approximately 210,000, bringing the total number of net additions for 2007 to approximately 512,000. Customer additions during the quarter reflect the company's goal to attract and retain high value customers with positive return on investment. Having just passed its fifth anniversary in 2007, Virgin Mobile USA ended the year with 5,085,886 customers.