Sunday, December 04, 2005

Virgin Mobile, NTL in Merger Talks

Via Reuters.

Britain's Virgin Mobile Holdings Plc is in merger talks with UK cable operator NTL, a source familiar with the matter said on Saturday.

The source said that a tie-up between NTL and Virgin Mobile would see the new group provide mobile and fixed line telephony services as well as cable television and Internet access.

NTL and Virgin, which both declined to comment, have had business dealings before.

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