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News Burst: Mobile Virgin speaks first words

Dave Wilby ZDNet.co.uk

Published: 01 Nov 1999 10:21 GMT

Virgin Mobile, has been valued at £1.36bn by City brokers Investec Henderson Crosthwaite even before its launch.

Observers predict that while Virgin Mobile will charge customers a high initial premium to purchase handsets, call charges could be as much as 50 percent lower than rivals Vodafone, Cellnet, and One2One.

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