India is now gonna be Virgin.Guess what guys Virgin Mobile has entered the Indian telecom market and is aiming at a subscriber base of five million urban youth to turn profitable by 2010.The services will be marketed through a brand franchise agreement under which the company will license the Virgin brand to TataTeleservices.TataTeleservices, which already operates Tata Indicom in the CDMA space with a 10% market share, will launch Virgin Mobile as a new brand riding the same network, and will extend both the brands to GSM services if and when the spectrum is allocated.Financial terms of the agreement between the two conglomerates were not revealed but officials said that money will be paid to Virgin on a per subscriber basis.Handsets would be bundled with the service and will retail between Rs 2,000 and Rs 5,000.Its gonna be great going the virgin way.
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