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Smartphone, Wireless, and Mobile Technologies Forum

    
Virgin Mobile to Float
Richard Branson gets rich(er)
JasonD

10+ Year Member



 
Msg#: 295 posted 1:42 pm on Jun 30, 2004 (gmt 0)

[business.scotsman.com...]

Snippet from above URL

VIRGIN Mobile, part of billionaire Sir Richard Bransonís sprawling business empire, today confirmed it planned to float on the London Stock Exchange next month.

The long-awaited debut as a public company is expected to value Virgin Mobile - Britainís fifth-biggest mobile operator - at about £1 billion.

In a statement, the company said: "It is intended that the global offer will be completed before the end of July and that shares will be sold to institutional investors in the UK and internationally."


 

topr8

WebmasterWorld Senior Member topr8 us a WebmasterWorld Top Contributor of All Time 10+ Year Member



 
Msg#: 295 posted 2:16 pm on Jun 30, 2004 (gmt 0)

shame. i've had fantastic service from them and am very happy, wonder if that will carry on?

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