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Virgin Mobile Posts Narrower Q4 Losses

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03-13-2008, 11:20 AM

Industry News

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Virgin Mobile Posts Narrower Q4 Losses

Virgin Mobile USA reported a narrower fourth-quarter loss amid continued grumbling from investors. The pay-as-you-go carrier went public in October 2007 with shares at $15; shares closed at $4.20 on the New York exchange yesterday.

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