Support The Moscow Times!
Contribute today

Virgin to Expand to Russia

By The Moscow Times

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.

(Reuters)

Related articles:

Read more

In depth

Russians Pay Final Tribute to Prigozhin 40 Days After Mercenary Chief's Death

According to Orthodox Christian tradition, the souls of the deceased remain on Earth for 40 days before finding their eternal resting place.
4 Min read
vulnerable targets

Russian Regions Hit by Ukrainian Drones and Shelling

The strikes wounded three people and forced an airport to divert flights, officials said.
1 Min read
mass exodus

Nagorno-Karabakh Empties as Armenia Says 100,000 Have Fled

In the border town of Goris, hundreds of exhausted refugees waited in the central square for the government to provide accommodation.
3 Min read
In depth

As Putin’s Re-Election Looms, Kremlin Pushes to Indoctrinate a New Generation of Voters

In a sweeping campaign, officials aim to convince young Russians that their country's elections are free and fair and Putin's regime is legitimate.
4 Min read