Bad credit? No problem! Prepaid iPhone coming to Virgin Mobile

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Sprint-owned wireless carrier Virgin Mobile will soon offer Apple’s incredibly popular iPhone, according to the Wall Street Journal.

Virgin Mobile will become the second prepaid carrier to get the iPhone, after Cricket Wireless. Starting June 22, Cricket’s service will run $55 a month for unlimited data, texting, and calling. In light of that plan, we would expect Virgin’s pricing structure to be similar, but we don’t know it just yet.

Like Cricket, we also expect that customers will have to pay between $400 and $500 upfront for an iPhone 4 or 4S to be eligible for the service. The carrier is set to start offering the iPhone in early July.

Offering the iPhone on Virgin will help Sprint keep its commitment to buy more than $15 billion worth of iPhones that it made to get the iPhone 4S. Sprint’s pre-paid offerings, which include Boost Mobile, are now posting more successful growth numbers than Sprint’s post-paid side. That would indicate that bringing the iPhone over to Virgin is a smart bet.

Photo credit: Apple

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