Feeds

Virgin Mobile floats!

Bobbing along

  • alert
  • submit to reddit

Securing Web Applications Made Simple and Scalable

Virgin Mobile made a successful debut on the London Stock Exchange this morning. Shares are trading at 207p, above the revised offer price of 200p but substantially lower than the original price range of 235p and 285p. Branson decided yesterday to cut the price and reduce the amount of shares on offer.

Virgin founder Richard Branson told Reuters: "We are happy that Virgin Mobile is floating on the London Stock Exchange, particularly given the difficult markets, which have seen several other IPOs (initial public offerings) abandoned this year." The money raised will pay of debts and help pay for Virgin's US expansion. ®

Related stories

Virgin Mobile slashes share prices
VirginMobile float price may sink
Virgin Mobile prices IPO at up to £713m

Build a business case: developing custom apps

More from The Register

next story
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
Airbus promises Wi-Fi – yay – and 3D movies (meh) in new A330
If the person in front reclines their seat, this could get interesting
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
UK Parliament rubber-stamps EMERGENCY data grab 'n' keep bill
Just 49 MPs oppose Drip's rushed timetable
Want to beat Verizon's slow Netflix? Get a VPN
Exec finds stream speed climbs when smuggled out
Samsung threatens to cut ties with supplier over child labour allegations
Vows to uphold 'zero tolerance' policy on underage workers
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Mobile application security vulnerability report
The alarming realities regarding the sheer number of applications vulnerable to attack, and the most common and easily addressable vulnerability errors.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.