Tech
NTL has increased its offer for Virgin Mobile from 323p per share to 372p per share.
Just days ago, the potential tie-up between Britain's biggest cable operator and the telco was in crisis; Reuters reported on Monday that talks between the two companies had "stalled."
Today, the news service reported that the bid has been "conditionally approved" by Virgin Mobile's board. It is thought that as a further compromise, Sir Richard Branson - who owns 72% of Virgin Mobile - has agreed to receive less than Virgin Mobile's board and other minority shareholders.
Just days ago, the potential tie-up between Britain's biggest cable operator and the telco was in crisis; Reuters reported on Monday that talks between the two companies had "stalled."
Today, the news service reported that the bid has been "conditionally approved" by Virgin Mobile's board. It is thought that as a further compromise, Sir Richard Branson - who owns 72% of Virgin Mobile - has agreed to receive less than Virgin Mobile's board and other minority shareholders.
More: Tech, Cable TV and Broadband
Apple News
Apple stock hits record $500-a-shareApple is valued at $460bn after its stock passes the milestone of $500-a-share.
Android News
Samsung announces Galaxy Tab 2.0 (7.0)The new Ice Cream Sandwich tablet launches with video streaming service.
Satellite TV News
Premier League wins pub TV casePubs showing football on foreign satellite TV decoders 'in breach of copyright'.
Cable News
Virgin Media tops 1bn VOD views in 2011Coronation Street most popular for catch-up, Vampire Diaries more viewed series.
Freeview News
Freeview HD sales top 1.3m in Q4 2011The digital terrestrial platform now has 2m active Freeview HD homes in the UK.
Video on Demand
Netflix pays out $9m in privacy suitNetflix pays out $9m in compliance with the Video Protection Privacy Act.
