Resilient Media Entertainment

Wednesday, June 20, 2012

Virgin Mobile Strategic Partnerships Validate ePlanet Capital’s Focus on Emerging Markets Telecoms @PRCOM @resilient_ent


The Virgin Group, founded by Sir Richard Branson, and the FRiENDi GROUP announced the signing of a strategic partnership agreement for the Middle East and Africa.

This week, the Virgin Group, founded by Sir Richard Branson, and the FRiENDi GROUP announced the signing of a strategic partnership agreement for the Middle East and Africa. Virgin, a leading international investor and one of the world's most recognized and respected brands, is the majority shareholder in Virgin Mobile South Africa. FRiENDi GROUP is the leading Mobile Virtual Network Operator (MVNO) group in the Middle East. ePlanet Capital, a leading global emerging markets venture capital investor, is a shareholder in FRiENDi GROUP and was until recently the largest institutional investor in the company. ePlanet Capital was an early investor in FRiENDi GROUP and its investment helped the company establish its first commercial operations in 2007.

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