Thursday, May 03, 2007

Virgin Mobile Going Public

I just read today that Virgin Mobile has started the process for turning the company into a publicly traded entity. They filed a registration statement with the Securities and Exchange Commission this week and while the details of how much and how many stocks will be available, it looks as if this will be going forward.

They have long been rumored to be going public but today confirms the rumors. Being that they are one of the few successful MVNOs in the business, I don't see how they can miss with a public offering. I will be in line if the price is right!

Good luck Mr. Branson!

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