Branson's Virgin Mobile is close to inking a deal with Sprint, the No. 3 U.S. telephone company, as part of a $1 billion attempt to enter the American telecommunication market, according to several published reports.
The move is seen by those that know more than us, and that’s pretty much everybody, as a giant leap for Branson, who is keen to use the Virgin brand name to set up a global international mobile telephony business.
Sources on Wall Street said that Sprint and Virgin executives were meeting this week to put the final touches to an agreement that could be unveiled within two weeks.
OH, TANNENBAUM! ANOTHER GREAT CAREER HITS THE SKIDS
Another talented journalist trapped in the career cul de sac (5/17a)
THE COUNT: LIVE NATION TAPS TYLER, POST, BLINK FOR TOP U.S. FESTS
Cornering the market on surefire headliners (5/17a)
STAPLETON, WILSON BIG WINNERS AT THE ACMs
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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