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|Virgin Mobile to Float|
Richard Branson gets rich(er)
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."
shame. i've had fantastic service from them and am very happy, wonder if that will carry on?
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