December 08, 2005
The MVNO lifecyle
First you get VC, then do a big private placement, raise high-yield, go public...and where do you go to die? Buyout or merger. VMUK is heading there.
According to press reports Branson, whose Virgin Group owns about 72% of Virgin Mobile UK, said only around £25 million ($44 million) stood between NTL and a deal and claimed that the two sides were close to agreement.
Also worth observing in matters related to Virgin: the press strategy. Always quirky, always mysterious.
Posted by amol at December 8, 2005 02:46 PM
