The rising number of Virgin mobile users
According to Virgin Mobile, their user number is increasing year after year. Compared to the earlier year, its number of customers has increased from 3.88 million to 4.35 million and it has gained 193,000 active users.
Being the UK's fifth-largest mobile operator and having more than five million customers, in the previous quarter, the average revenues rose to £123, from £121.
The company operates on networks owned by airtime provider T-Mobile. Despite the deal being backed by major shareholder Sir Richard, Virgin Mobile's board rejected an £817m ($1.4bn) bid from cable operator NTL in December. The reason being the offer underrated the business.
To the existing offering of TV, fixed line phones and broadband, NTL hopes to add Virgin's mobile phone facilities. It is hoped that a possible takeover may take place. According to Virgin, talks about it are continuing. After some discussions, the chief executive of Virgin Mobile said that they are going to make further announcements about a potential offer after their meeting with NTL. Their approach to focusing on high quality customers in the prepay segment has given a boost to their growth.
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Nidhi
xpert4u.co.uk
UK telecom directory