Virgin Mobile France

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Virgin Mobile France
Type Subsidiary
Industry Mobile Phones
Founded 3 April 2006
Headquarters France
Key people Pascal Rialland (CEO)
Geoffroy Roux de Bezieux (Chairman)
Sir Richard Branson (Founder)
Products Prepaid Mobile Phones
Employees 90
Parent Numericable-SFR
Website www.virginmobile.fr

Virgin Mobile France is a cellular telephone company owned by Numericable-SFR. It launched in 2006 as a joint venture between Virgin Group and Carphone Warehouse. The company operates as a Mobile virtual network operator (MVNO), whereby it does not own or operate its own mobile network, but instead uses the network of Orange S.A. As of June 2014, the company is the largest MVNO in France, with 1.5 million customers, and had a market share of 11.3% at the beginning of 2014.[1]

Carphone Warehouse and Virgin Group reached an agreement to sell their holdings to the French cable operator Numericable in June 2014 for €325 million, subject to regulatory approval.[2] The sale was completed on 5 December 2014.[3]

References[edit]

  1. ^ Armstrong, Ashley (30 June 2014). "Carphone sells Virgin Mobile France to Numericable". The Telegraph. Retrieved 7 September 2014. 
  2. ^ Davey, James (30 June 2014). "Carphone Warehouse, Virgin agree Virgin Mobile France disposal". Reuters. Retrieved 7 September 2014. 
  3. ^ "Virgin Mobile Acquisition". Numericable-SFR. 5 December 2014. Retrieved 11 December 2014. 

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