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I’m not sure should we classify this as a good or a bad news, but with Earthlink announcing a step back from its investment in Helio, SK Telecom will most likely end up owning a majority of the MVNO. So far, Helio haven’t actually released any special handset. Yeah, there’s the Ocean and the Fin, but these two are nowhere close to those uber-cool handsets we see in Korea and Japan. Hopefully SK Telecom’s new role may push this. After all, if they’ve just added $270 million on top of their existing investment, they might also bring some new handsets which could attract new subscribers.
Speaking of subscriber, Helio ended August with 130,000 subscribers, and expects to end the year with anywhere from 200,000 to 250,000 subscribers and revenue of $140 – $170 million. On the other hand, it is also expected that Helio will report loss between $340 and $360 million this year. Let’s wait and see where this goes…
[Via: TechCrunch]
About The Author
Dusan Belic
Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do. In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application. Dusan used to run SymbianWatch.com which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.
