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Just yesterday SK Telecom made an official announcement claiming that rumors regarding a possible merger between Virgin Mobile USA and Helio were “groundless.” Today, however, is another story altogether.
Turns out the two companies, Virgin Mobile USA and SK Telecom, are actually in early talks to hash out possible strategic partnerships. One scenario has SK Telecom buying Virgin Mobile USA and injecting it with a big enough cash infusion to actually buy Helio. Whether these preliminary negotiations will lead to an eventual buy-out of Virgin Mobile USA, resulting in a stronger MVNO presence from SK Telecom, remains to be seen. Virgin Mobile USA is keeping mum on the issue until any solid agreement is reached.
Helio would do well to get in good with Virgin Mobile USA’s huge US MVNO footprint. And, the deal would give SK Telecom a serious presence in the US.
[Via: MocoNews]
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...
