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Old 06-02-2013, 21:46   #230
Helix
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Re: Virgin up for sale?

Quote:
Originally Posted by mertle View Post
That could certainly be good reason why he purchased vm sell this asset to say O2 as example. Possible a quick profit and wipe part of his debt acruled. How much do you think VM mobile is worth when VM took it was valued 500m.

So how much now 2-3bn ? Would it significantly raised in value.
O2 wouldn't want it, their parent company is struggling as it is. Plus Virgin Mobile is really just a reseller of EE, so they would have all these customers on a network they have no control over and have to pay for the privilege to use.

I don't think EE would be allowed to buy it because of competition rules, although they might get away with it because the customer base is quite small.
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