M&A Deal Summary |
|
|---|---|
| Date | 2009-11-24 |
| Target | Virgin Mobile USA |
| Sector | Communications |
| Buyer(s) | Sprint |
| Sellers(s) |
Sprint
Virgin Group SK Telecom |
| Deal Type | Add-on Acquisition |
| Deal Value | 483M USD |
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| Category | Company |
|---|---|
| Founded | 1899 |
| Sector | Communications |
| Employees | 36,000 |
| Revenue | 33.3B USD (2018) |
Sprint is a provider of wireless and wireline communications services for consumers, businesses and government users. In addition to the Sprint brand, Sprint offers its services through Virgin Mobile USA, Boost Mobile, and Assurance Wireless.
| DEAL STATS | # |
|---|---|
| Overall | 11 of 13 |
| Sector (Communications) | 11 of 12 |
| Type (Add-on Acquisition) | 9 of 11 |
| State (New Jersey) | 2 of 2 |
| Country (United States) | 11 of 13 |
| Year (2009) | 2 of 2 |
| Size (of disclosed) | 7 of 10 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-10-19 |
iPCS
Schaumburg, Illinois, United States iPCS, through its operating subsidiaries, was a Sprint PCS Affiliate of Sprint Nextel Corporation with the exclusive right to sell wireless mobility communications network products and services under the Sprint brand in 81 markets including markets in Illinois, Michigan, Pennsylvania, Indiana, Iowa, Ohio and Tennessee. |
Buy | $831M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-05-20 |
Handmark
Kansas City, Missouri, United States Handmark, Inc. is a mobile platforms developer applications for Android, Blackberry and Windows. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1899 |
| Sector | Communications |
| Employees | 36,000 |
| Revenue | 33.3B USD (2018) |
Sprint is a provider of wireless and wireline communications services for consumers, businesses and government users. In addition to the Sprint brand, Sprint offers its services through Virgin Mobile USA, Boost Mobile, and Assurance Wireless.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector (Communications) | 4 of 4 |
| Type (Add-on Acquisition) | 1 of 1 |
| State (New Jersey) | 1 of 1 |
| Country (United States) | 4 of 4 |
| Year (2009) | 1 of 1 |
| Size (of disclosed) | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-10-19 |
iPCS
Schaumburg, Illinois, United States iPCS, through its operating subsidiaries, was a Sprint PCS Affiliate of Sprint Nextel Corporation with the exclusive right to sell wireless mobility communications network products and services under the Sprint brand in 81 markets including markets in Illinois, Michigan, Pennsylvania, Indiana, Iowa, Ohio and Tennessee. |
Buy | $831M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-05-20 |
Handmark
Kansas City, Missouri, United States Handmark, Inc. is a mobile platforms developer applications for Android, Blackberry and Windows. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1970 |
| Sector | Diversified |
| Employees | 50,000 |
| Revenue | 15.0B GBP (2012) |
Virgin Group Ltd. is a British multinational company that operates in the travel, entertainment and lifestyle industries. It also manages ventures in financial services, transport, healthcare, food, and communications.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 4 |
| Sector (Communications) | 2 of 2 |
| Type (Add-on Acquisition) | 1 of 1 |
| State (New Jersey) | 1 of 1 |
| Country (United States) | 1 of 2 |
| Year (2009) | 1 of 1 |
| Size (of disclosed) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-03-10 |
Virgin America
Burlingame, California, United States Virgin America, Inc. is a domestic airline serving the United States. Virgin America's fleet of 60 Airbus A319 and A320 aircraft have three classes of service, in-flight WiFi and power outlets on every flight, as well as personal, touch-screen seatback entertainment. The airline was established in 2004. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-11-14 |
Virgin America
Burlingame, California, United States Virgin America, Inc. is a domestic airline serving the United States. Virgin America's fleet of 60 Airbus A319 and A320 aircraft have three classes of service, in-flight WiFi and power outlets on every flight, as well as personal, touch-screen seatback entertainment. The airline was established in 2004. |
Sell | - |
| Category | Company |
|---|---|
| Founded | 1984 |
| Sector | Communications |
| Revenue | 17.61T KRW (2023) |
SK Telecom is a provider of wireless telecommunications services in Korea. SK Telecom was founded in 1984 and is based in Seoul, South Korea.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 3 |
| Sector (Communications) | 2 of 2 |
| Type (Add-on Acquisition) | 1 of 1 |
| State (New Jersey) | 1 of 1 |
| Country (United States) | 2 of 3 |
| Year (2009) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-06-27 |
Helio
Los Angeles, California, United States Helio LLC provides wireless communication services in the United States. The company offers wireless services. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-08-01 |
iRiver
Seoul, South Korea iRiver is a Korea-based digital multimedia device manufacturer. Iriver is a market leader in the Korean MP3 player as well as electronic dictionary segments. Iriver has expanded its product portfolio to include portable media players, car navigation systems, e-books and landline/wireless network devices. |
Buy | - |
