Tech
Virgin Media has held informal talks with a potential buyer, The Times reported today.
The paper, citing unnamed sources "familiar with the process", characterised talks as being at a "very early stage".
It is understood that private equity firms including Carlyle and Providence are interested in the firm, which consists of the merged cable businesses of NTL and Telewest, a wireless proposition from Virgin Mobile, a content business, and a licence to use the Virgin Group brand.
Last month, it emerged that a consortium of firms led by Providence was considering a $15bn bid for the company.
The paper, citing unnamed sources "familiar with the process", characterised talks as being at a "very early stage".
It is understood that private equity firms including Carlyle and Providence are interested in the firm, which consists of the merged cable businesses of NTL and Telewest, a wireless proposition from Virgin Mobile, a content business, and a licence to use the Virgin Group brand.
Last month, it emerged that a consortium of firms led by Providence was considering a $15bn bid for the company.
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