Forex

Virgin Media was created last year after a U.S.-based cable company bought Richard Branson's Virgin Mobile, the U.K.'s largest mobile services provider. Branson's Virgin Group is the largest shareholder of the new company, which offers a package of cable, broadband, landline phone, and mobile to U.K. customers, and has seen subscriptions rise in the past year.

But a heavy debt load and a fierce price war in the U.K. have produced a string of big losses. It's a rumored target of private equity heavyweights like Blackstone and KKR.