it just hit me "virgin" is a bigger company then i thougght

[cammykool]

virgin mobile virgin records virgin airlines ive even sen virgin insurance i never reilized its all connected!! no wondere they can charge 35$ they make som much in other areas!

 

[pastafarian]

Richard Branson is one rich dude!

 

[brotherswing]

That's why he can afford to experiment with sending things into space!

 

[cammykool]

because of our little people money

 

[Petrah]

It's not just VM. There's tons of other subsidiaries under Sprint Nextel Corp as well.

 

[TampaShooters]

Virgin is an actual company, and is large. However, many of the companies with the Virgin name are not owned by Virgin. Virgin licenses (Sells) their naming rights to other companies, such as Sprint, so they can offer the Virgin Mobile name.

Although Branson retains complete ownership and control of the Virgin Brand, the commercial set-up of companies using it is varied and complex. Each of the companies operating under the Virgin brand is a separate entity, with Branson completely owning some and holding minority or majority stakes in others. Occasionally, he simply licenses the brand to a company that has purchased a division from him, such as Virgin Mobile USA, Virgin Mobile Australia, Virgin Radio and Virgin Music (now part of EMI).

Virgin Group - Wikipedia, the free encyclopedia

But, yes... Branson is RICH! (Probably because he uses spell check)

 

[Petrah]

Just to clarify.... Sprint owns Virgin Mobile outright (they paid $483 million for it).

 

[Space_Cowby]

In uk we also have virgin media providing a bundle consisting of TiVo pvr, broadband 100mb and landline phones.

Virgin media customers get better mobile phone deals than others. We also get different phones to those in the sticky up top.

 

[brotherswing]

I actually have quite a bit of respect for the Virgin empire. They are large enough to be one of the soulless entities, yet they still seem to treat their customers with dignity. At least they have with me.