Cable giant NTL agrees £960m Virgin Mobile takeover

Richard Branson today saw his Virgin brand extend to 9.4 million UK households following the acquisition of his Virgin Mobile business by cable giant NTL.

Cable giant NTL agrees £960m Virgin Mobile takeover
Tue, 04 Apr, 2006 - 08:18

Richard Branson today saw his Virgin brand extend to 9.4 million UK households following the acquisition of his Virgin Mobile business by cable giant NTL.

The £962.4m (€1.4bn) takeover creates the first company in the UK to promote a “quadplay” offer of cable TV, internet access, fixed line telephony and mobile phone services.

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CourtsBusinessHeathrowPlace: UKPlace: New YorkPerson: Richard BransonPerson: Charles GurassaPerson: BransonPerson: SirPerson: RichardPerson: Stephen BurchPerson: BurchOrganisation: NTLOrganisation: Virgin MobileOrganisation: VirginOrganisation: BSkyBOrganisation: BTOrganisation: Virgin GroupOrganisation: TelewestOrganisation: WH SmithOrganisation: Virgin MegastoresOrganisation: Branson
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