Support The Moscow Times!

Virgin to Expand to Russia

Virgin Group hopes to expand its mobile division, Virgin Mobile's central and eastern European operation from Poland, which will be launched in 10 days, to Russia and perhaps Turkey, said Richard Branson, who controls the group, the Financial Times reported Monday.

Virgin Mobile is raising up to $100 million from investors and private equity groups to roll out the Virgin Mobile brand to at least six new markets, the newspaper reported.

The company currently has 18 million subscribers in nine countries.


Related articles:

Read more

We need your help now more than ever.

Independent media outlets and journalists in Russia are being increasingly targeted with “foreign agent” and “undesirable” labels, threatening the existence of the free press day by day.

Your donation to The Moscow Times directly supports the last independent English-language news source within Russia.