Prepaid News

Sprint, the third-largest U.S. carrier, today reported a larger first-quarter loss on declining revenue but expects subscriber losses to stabilize.

Wireless carrier Virgin Mobile will drop the price of its unlimited calling plan from $80 to $50 a month, a result of intense price-cutting among second-tier wireless competitors.

Verizon Wireless today added two new prepaid calling plans for customers who don't want the commitment of a long-term contract.

Verizon Wireless announced that beginning July 14 its prepaid customers can send unlimited text messaging to other Verizon Wireless customers and get an additional 250 messages a month for $10 a month.