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Virgin Mobile to float in USA

Virgin Mobile's virtual USA network is planning to float on the stock market. The 'Initial Public Offering' (IPO) could raise up to $100 million, according to Telecoms.com. Sprint, which is Virgin Mobile's network partner, owns around half of the company.

[Update 8th May: ...and Virgin Media is thinking of selling one of its business units in the UK, according to The Times]

2.5.07 16:32
 


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