Virgin Mobile sells calls at 5 cents

Virgin Mobile sells calls at 5 cents
Virgin Mobile sells calls at 5 cents

Virgin Mobile has launched another prepaid cell phone plan, selling minutes for 5 cents each under its payLo plan.

The plan, unveiled Thursday, is the lowest price I've seen for a prepaid phone, and beats what Boost Mobile, Assurance Wireless, Net10 and others sell for 10 cents a minute, including plans for people below the poverty rate. Common Cents Mobile has tried to stand out from the prepaid phone crowd by rounding down calls and charging 7 cents a minute.