Briefs: NTL's $1.4B bid for Virgin Mobile

Dec 05, 2005

NTL said Monday it would pay up to $1.4 billion to acquire British wireless carrier Virgin Mobile.

If the British cable television group's bid goes through, Virgin Chief Executive Richard Branson will be the company's single-biggest shareholder with 14 percent of total shares, having a 72-percent stake in Virgin Mobile.

The plan is to offer Internet access and television viewing as well as fixed and mobile-phone lines under a single package, which will be the first of its kind in Britain.

Copyright 2005 by United Press International

Explore further: Lenovo's smart glasses prototype has battery at neck

add to favorites email to friend print save as pdf

Related Stories

'French Steve Jobs' shakes up mobile phone market

Jan 16, 2012

Hailed as the French Steve Jobs, entrepreneur Xavier Niel is shaking up the country's mobile phone market with a maverick style far removed from France's traditionally conservative business practices.

Marketer helps advertisers express themselves via video

Nov 07, 2011

British television producer Mark Burnett turned program financing on its head a decade ago when he brought brands like Doritos and Mountain Dew as sponsors into the expensive, prime-time reality series "Survivor," helping ...

Recommended for you

Lenovo's smart glasses prototype has battery at neck

1 hour ago

China's PC giant Lenovo last week offered a peek at its Google Glass-competing smart glass prototype, further details of which are to be announced in October. Lenovo's glasses prototype is not an extreme ...

Google searches hold key to future market crashes

3 hours ago

A team of researchers from Warwick Business School and Boston University have developed a method to automatically identify topics that people search for on Google before subsequent stock market falls.

Amazon launches 3D printing store

3 hours ago

Amazon announced Monday the launch of an online store for 3D printed items to allow consumers to customize and personalize items like earrings, pendants, dolls and other objects.

User comments : 0