Virgin Mobile UK
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High Quality Content by WIKIPEDIA articles! Virgin Mobile UK is a mobile phone service provider operating in the United Kingdom. The company was the world's first Mobile Virtual Network Operator, launched in 1999. Being a virtual operator, Virgin Mobile does not maintain its own network, and instead has contracts to use the existing network of T-Mobile. Virgin Mobile was bought by NTL:telewest on the 4th April 2006 before joining the quadplay of Virgin Media services when ntl:telewest rebranded into Virgin Media on February 9th 2007, with a new logo in-line with Virgin Media.Virgin Mobile was ...
High Quality Content by WIKIPEDIA articles! Virgin Mobile UK is a mobile phone service provider operating in the United Kingdom. The company was the world's first Mobile Virtual Network Operator, launched in 1999. Being a virtual operator, Virgin Mobile does not maintain its own network, and instead has contracts to use the existing network of T-Mobile. Virgin Mobile was bought by NTL:telewest on the 4th April 2006 before joining the quadplay of Virgin Media services when ntl:telewest rebranded into Virgin Media on February 9th 2007, with a new logo in-line with Virgin Media.Virgin Mobile was originally formed as joint venture between T-Mobile and the Virgin Group, however in January 2004 Virgin Group bought out T-Mobile and then floated Virgin Mobile UK on the London Stock Exchange, retaining a 72% stake. Virgin Group originally planned to raise up to Pds. 279m from selling up to 43% of Virgin Mobile however when the group was finally listed only Pds. 125m was raised from the sale of a 25% stake after a 20% cut in the value of the listing. Another 3% was later sold on market.
