RealTime IT News

Virgin Mobile Moves Closer to Launch

Australian telecommunications group Cable and Wireless Optus has cemented its deal with Sir Richard Branson's Virgin Group to establish a joint venture (JV) in Australia.

The announcement brings Virgin Mobile Australia closer to launching, after the two companies signed a heads of agreement deal in February.

Former CWO general manager for strategy and business development, Andrew Grant, has been appointed to the JV as managing director, and heads a team of executives to be announced later this week.