Virgin Mobile merger completed
UK cable operator NTL Telewest today announced the completion of its £962.4m acquisition of Virgin Mobile. The company expects to begin marketing a single portfolio of quadruple play services under the Virgin brand by early 2007, at the latest.
Today is also the day that a number of Virgin Mobile's top brass, including founder and chief Tom Alexander, will stand down. Alexander, who has been at the helm of Virgin Mobile since its launch in 1999, has decided to leave the company of his own accord but will be retained in an advisory role for the rest of 2006.
A Virgin Mobile spokesman recently told telecoms.com that a number of employees "had decided they did not want to stay on at Virgin Mobile in any capacity following the merger".
Alan Gow, currently chief financial officer, became managing director of Virgin Mobile this morning.
"Virgin Mobile's growth from a start-up to one of the UK's most pre-eminent and successful mobile operators in such a short time has been nothing short of meteoric. We're looking forward to taking the experience, values, and attitude that have got us where we are today and applying them to the challenge of the future: of building with our new colleagues at ntl:Telewest a world-class, new Virgin company with the most exciting range of communications and entertainment services in the UK," Gow said.
NTL completed its merger with Telewest on March 3, creating the UK's largest provider of residential broadband.
Regards Satdude.
UK cable operator NTL Telewest today announced the completion of its £962.4m acquisition of Virgin Mobile. The company expects to begin marketing a single portfolio of quadruple play services under the Virgin brand by early 2007, at the latest.
Today is also the day that a number of Virgin Mobile's top brass, including founder and chief Tom Alexander, will stand down. Alexander, who has been at the helm of Virgin Mobile since its launch in 1999, has decided to leave the company of his own accord but will be retained in an advisory role for the rest of 2006.
A Virgin Mobile spokesman recently told telecoms.com that a number of employees "had decided they did not want to stay on at Virgin Mobile in any capacity following the merger".
Alan Gow, currently chief financial officer, became managing director of Virgin Mobile this morning.
"Virgin Mobile's growth from a start-up to one of the UK's most pre-eminent and successful mobile operators in such a short time has been nothing short of meteoric. We're looking forward to taking the experience, values, and attitude that have got us where we are today and applying them to the challenge of the future: of building with our new colleagues at ntl:Telewest a world-class, new Virgin company with the most exciting range of communications and entertainment services in the UK," Gow said.
NTL completed its merger with Telewest on March 3, creating the UK's largest provider of residential broadband.
Regards Satdude.