Yes, they run on the same network towers, however Sprint slows down/throttles VM subscribers to prioritize Sprint and BM subscribers. This is done by rerouting VM's traffic through servers located all around the country.
In other words, you get what you pay for. In exchange for lower prices, you get slower speeds and inferior devices. With BM, you get Sprint-level speeds but a cheaper phone lineup than Sprint's.



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<<Achieved on "America's Most Affordable 4G Network!" 

... I can't believe I wrote that without noticing your post.
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