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Sprint Nextel Corp., owner of Virgin Mobile, is expected to announce a pay-as-you-go version of the popular iPhone as soon as July 1.
Within a year, Sprint plans to sunset its iDEN Nextel National Network, and roll it into Sprint Direct Connect.
Sprint has found themselves walking a very thin line lately. On one side, their Nextel carrier continues to lose subscribers in droves as they plan to shutter the service next year. Conversely, Sprint’s big bet on the iPhone has thus far proven to be a wise one, as sales of the Apple-branded smartphone helped to drive sales up 7% to 7.2 billion.