Virgin Mobile USA IPO what???

According to RCR news, Virgin Mobile, first MVNO network is going IPO! Their symbol "VM" with NYSE. By going IPO, Virgin Mobile can raise in the neighborhood of $100 million. WOW. Virgin Mobile Net lost for 2006 was $36.7 million with 4.88 million customers. I don't know about you but didn't Tower Record go out of business last year?