Disqus
Since Helio won’t be getting any revenue from the YouTube application, Video Virus, that was recently offered free-of-charge, the MVNO is going to need another influx of cash. It’s a good thing SK Telecom and Earthlink just dropped a $200 million care packaged in Helio’s lap. Reuters is reporting that the green-behind-the-ears MVNO has spent their initial $440 million in funding and requested, like so many college students, that parents SK Telecom and Earthlink “send more money.” SK Telecom and Earthlink are each planning to pass a $100 million check to Helio – a healthy sum indeed.
We’re sure Amp’d Mobile is a different kind of green right now. Green with envy. While fellow MVNO Helio is raking in cash allowances like some high-society trust-fund baby, Amp’d Mobile is asking for permission to borrow money from Verizon.
[Via: Reuters]
About The Author
Will Park
Will hails from The City of Angels - Los Angeles, California. He spends his time playing with his numerous gadgets and looking forward to seeing what future holds for mobile technology. An avid promoter of a fully "digital" life, he promotes the widespread adoption of truly mobile, paper-less living. He dreams of the day when he can go completely digital. No more snail mail, paper receipts, bound books, notepads/spiral notebooks, credit cards, hard currency. He's a digital warrior - fighting for the converged life. He is an idealist and a realist - he has a perfect view of what the world should be but knows that the world is not perfect. Can we ever hope to see Will's dream become reality? We'll see...
