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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."