Virgin Mobile USA was one of the few outfits out there who managed to post a Q3 net profit, but even that couldn't help it avoid the unfortunate delivery of a non-compliance letter from the New York Stock Exchange. Just a few days before it slashed ten percent of its workforce, the company was notified by the NYSE that it was "not in compliance with certain listing criteria." More specifically, it's considered "below the applicable standards because the average market capitalization of its Class A common stock and substantial equivalents, over a period of 30 trading days, is less than $100 million." Now, it has 45 days to respond with a business plan that demonstrates its ability to get back into compliance within 18 months. Virgin Mobile USA has already texted (at least that's what we heard) the bigwigs on Wall Street with a confirmation that it would be working to get back on track, but even the best intentions fall through sometimes. Godspeed, VM.

[Via mocoNews]

With acquisitions frequently come layoffs, and Virgin Mobile's submitting to that ages-old tradition today by announcing a workforce reduction of 45 folks in its New Jersey and California offices -- a total of about 10 percent of its 400-strong team. With the closure of the company's Helio buy, it makes sense that there'd be some redundancy, and indeed, the company cites Helio along with its transition to an IBM-contracted IT infrastructure as the justification for the layoffs. The move comes despite Virgin Mobile USA having post a strong quarter, so while Virgin appears to be in solid shape, they're making like most of corporate America and battening the hatches for a presumably brutal '09.

Hey, who says everyone loses during tough times? After Virgin Mobile USA crawled through a miserable Q2, things are looking up for the recent acquirer of Helio. The outfit reported 821,491 gross additions to its subscriber list, which marks a respectable 8% year-over-year increase. Furthermore, the company somehow managed to amass a Q3 net profit of $4.1 million, which contrasts starkly with the $7.4 million loss that it posted a year ago. The only down news of the day was that its average revenue per user in the third quarter fell 2% from a year earlier to $20.19, but given that its Q4 forecast shows it notching a revenue increase from 6% to 9%, we suppose it's all good in the neighborhood.

[Via RCRWireless]

So, you like talkin', do you? What's that? Not a fan of contracts? Looks like MetroPCS may just have something right down your alley with the new Unlimited Nationwide plan. Said plan enables subscribers to chat in an unlimited fashion in over 300 cities in the contiguous United States without any contract whatsoever, and best of all, the expanded network will be included at no additional charge in the carrier's current $45 and $50 service plans. For those on cheaper qualified plans, the luxury can be added for $5 per month. Interested? The go-live date is November 10th.

[Via phonescoop]

We know, you're just dying to say this is a complete shock, but we're here to inform you that it's not. If you'll recall, Cox dug deep to snatch up a decent block of spectrum in this year's 700MHz auction, and it even went so far as to promise a differentiated product that would eventually integrate with its other content and services. Sure enough, it's keeping its word. After spending $500 million on wireless capacity in its markets, president Pat Esser says it's time to turn things on. By relying on Cox's own 3G network (along with Sprint's, initially), the carrier will offer up an undisclosed amount of handsets that will "include a network address book that automatically synchronizes with home PCs" and allow remote programming of one's DVR. Furthermore, users will be able to access e-mail and voicemail that they receive at home right on their mobile, and ideally, subscribers could watch TV shows right on their handsets. Get ready for an awkward new rival in the wireless space beginning, um, anytime now.

Nokia 1606's isn't a new creature, but it is a new member of the quickly expanding Cricket family. The AWS-capable flip phone pretty much sticks to the basic, boasting just a 160 x 128 resolution display (internal) / 96 x 32 pixel monochrome LCD (external), a voice recorder, 3.5-hours of talk time (11 days in standby) and weighs just 2.68-ounces. If that's enough to suit you, head to nearest Cricket shop and hand over $129.99 plus any applicable taxes.

[Via phonescoop]

Go figure -- MetroPCS, a carrier far from the forefront of most people's mind, is bringing about a feature that couldn't possibly arrive soon enough. The Screen-it service "displays the calling party's name on a subscriber's wireless phone," regardless of whether he / she has said person in their contact list. We know, you landline users have been enjoying this for eons, but up until now, we cellular customers have had to Google phone numbers before the fourth ring in order to find out if it's our dentist or our credit card company calling. Hey, big boys -- can we this stuff out to everyone else not associated with MetroPCS? Thanks.

[Via phonescoop]

Sprint Nextel's Boost Mobile is doing anything it can to attract consumers, as evidenced by the 50% off fire sale on prepaid minutes. Yep, as of right now, Boost Mobile customers can phone up fellow sumo wrestlers while running up a bill at just $0.10 per minute compared to $0.20 per minute in the past. A Wall Street Journal report also states that it will be "modifying its unlimited-usage plan, though the company declined to specify how." Of note, the "new plans" may only be available in "select cities," so you should probably phone up a CSR or something to make sure you're really getting the lower rate. Or you can just holler "Where U AT?!" and see what kind of response you get.

[Via phonescoop]

Remember that SCH-R550 that appeared in the FCC's lair back in June? It's okay, we know you don't, but Cricket is looking to jar your memory by introducing it as the Samsung JetSet. The AWS-compatible handset packs a 2-megapixel camera, stereo Bluetooth capabilities, built-in multimedia player, a microSD card slot and little else (but we suppose that's the point). This feather-weight morsel of a clamshell can be picked up now for $199.99.

Cricket Communications is well known for offering contract-less / prepaid options for wireless users who'd rather not be shackled down by any given carrier, and today we're checking out yet another option for those still not satisfied by current offerings. The PAYGo service, which is being launched initially in Cincinnati / Dayton, Savannah / Hilton Head and Houston, offers customers the ability to pay for three varying levels of usage on a per-day basis. The Cricket EZ, UTStarcom CDM7126 and Samsung MyShot can be activated on the plan, which only charges you for days you make or receive calls / text messages. For $1 per day, subscribers get unlimited local calling along with voicemail, caller ID and three-way calling, while the $2 per day plan adds unlimited text / picture messaging; the $3 / day plan throws in limited US long distance, international texting to 100+ nations and mobile web / directory assistance.

[Via phonescoop]

Looks like we're inching ever closer to getting our paws on the mythical Helio Ocean 2 -- the fun-loving regulators at the FCC just added a Pantech OZII dual-slider handset with Helio branding to their all-knowing database. Nothing you couldn't have guessed here -- QVGA display, EV-DO, 2 megapixel cam with video, full HTML browser, A2DP support -- but hey, this is The Phone That Could Have But Didn't Save Helio, you know? It's alright to be excited.

[Via Phone Scoop]

As 3G sliders go, the Shuttle won't rank terribly high on anyone's hot list, but as Virgin Mobile handsets go, specifically -- well, the Shuttle is pure gold. We toyed with it a bit at CTIA, and yeah, okay, it's not going to blow any minds. But if we put on our prepaid hats for just a moment, we can see how this is exactly what the doctor ordered: it's definitely the best-looking and feeling handset in Virgin's lineup, and at the same time, it doesn't come close to encroaching on Helio's higher-end territory. Granted, the 3G support doesn't mean terribly much considering the small screen (and we dare not mention "Virgin" and "tether" in the same sentence), so the Shuttle's gonna have to push units on the strength of its strapping good looks and support for Buddy Beacon. We think it'll manage.

We'll be honest -- we weren't all that jazzed about Cricket's unlimited video clip service at $5 per month, but this is something we can get into. The animalistic carrier has just launched an unlimited mobile broadband package in several Texas cities, Las Vegas, Oklahoma City and St. Louis (all of its other cities will get gifted by year's end) which users can tap into for just $40 / month. Interestingly, the company is actually encouraging consumers to really take advantage of that "unlimited" bit, noting that it is aiming to put EV-DO (read: broadband) into the hands of lower-income (or budget-minded) citizens that can't afford to be strapped down by a contract. Of note, there are two big limitations: you can't use the service to make VoIP calls, and you can't run a server. Fair enough, Cricket!

[Via phonescoop]

This is one of those classic tales of joy and sorrow -- a tale of a phone that could've been Helio's undisputed flagship model of the year, a phone that could've saved the scrappy little MVNO from Virgin Mobile's gaping maw (alright, it couldn't have even come close to doing that, but we're running with it for the drama factor). On the high side, we've now heard confirmation straight from the source that the Ocean 2 is, in fact, a real device, but the problem is that it won't be coming out until next year because they "want to put it out when it's the best it can be." It's sure looking just about the "best it can be" from the videos we've seen recently -- and frankly, we think they should just throw this out there while kicking off development on an Ocean 3 ASAP -- but it looks like the decision's already been made, and we all know there's no such thing as moving a release date forward.

[Thanks, Blade G]

We don't like the obvious pun any more than the next guy, but in the case of Virgin Mobile USA's Shuttle, we've got to admit: the spacecraft analogies are totally appropriate. First off, it's unusually sleek (dare we say attractive?) for a Virgin set -- but far more importantly, it marks the MVNO's very first foray into the crazy, fast-paced world of EV-DO-based 3G, a nod to the fact that it'd probably like to close the gap a bit with its Helio division. Speaking of Helio, the PCD-sourced offers Helio's Buddy Beacon service and also serves up a 1.3-megapixel camera, stereo Bluetooth, expandable memory, and a 2-inch screen for watching girls with blonde hair blowing in the breeze. It'll be available exclusively through Best Buy and Best Buy Mobile starting September 28.