Saturday, December 03, 2005

Virgin Mobile to merge with NTL

Just in. Richard Branson, the billionaire 72% owner of Virgin Mobile is planning to merge with NTL - a large British cable company in a £4.5 billion deal proposal.

It would create a £5 billion television, internet and phone company with access to 2.5 million broadband internet, 4.3 million land-line and over 5 million cellphone customers.

Source: Telegraph


If you want to read more about Richard - check out Waikipedia at http://en.wikipedia.org/wiki/Richard_Branson

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