Virgin Mobile rejects NTL offer - Webmaster Forums UK SEO SEM Webmaster Community Forum

temi · #1 (**permalink**) 12-08-2005, 10:23 AM

Sir Richard interview
Virgin Mobile's board has rejected an Ã‚Â£817m ($1.4bn) bid from cable operator NTL, despite the deal being backed by major shareholder Sir Richard Branson.
The company, 72%-owned by Sir Richard, opposed the offer on the grounds that it undervalued the business.

source/full story: news.bbc.co.uk/1/hi/business/4509088.stm

dmscs · #2 (**permalink**) 12-08-2005, 03:55 PM

Makes corporate sense to me Temi! NTL has a rather jaded personality, yes they have cable bb but the customer service is terrible and it is still dealing with a disasterous infrastructure from the olf Nynex and Cable and Wireless owners!

temi · #3 (**permalink**) 12-08-2005, 04:27 PM

I think virgin is just trying to get more money

#4 (**permalink**) 12-10-2005, 10:36 AM

This whole tv on mobile phones thing must really be shaking up the indstry. takeovers etc are expected worldwide as media companies and phonecomapnies begin to merge.

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
NTL ups offer for Virgin Mobile	temi	In The News	0	01-17-2006 07:39 AM
NTL and Virgin in takeover talks	temi	e-Commerce	0	12-05-2005 04:56 PM
US rejects changes to net control	temi	In The News	0	10-02-2005 07:01 AM
T-Mobile and Google partner on mobile web	ovi	In The News	0	06-30-2005 01:54 PM
Virgin user base grows	temi	In The News	0	02-01-2005 11:51 AM