Branson hints at Virgin float

8 Dec 2003

Sir Richard Branson has intimated that Virgin Mobile may be the next part of the Virgin Group to be floated, with a public offer for its shares taking place as early as next year. Virgin is currently embroiled in a dispute with T-Mobile, its partner in Virgin Mobile, with reports suggesting the UK firm is keen to buy the German firm’s 50% stake.

Germany, Virgin Mobile UK