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Old 16-01-2006, 09:34   #98
nidave
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Join Date: Apr 2004
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Re: [Merged] Virgin mobile merging with NTL to take on SKY

Branson subsidises NTL's bid for Virgin Mobile

Source MediaGuardian:

Sir Richard Branson offered to stump up his own cash last night to realise his dream of creating Virgin TV by subsidising a new bid by the cable group NTL for his publicly listed phone business, Virgin Mobile, that values the company at £961m.

http://business.guardian.co.uk/story/0,,1686387,00.html

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