It’s basically a done deal, pending regulatory approval, that is. Virgin Mobile USA’s acquisition of Helio has been expected to happen for some time now, and now that it’s finally official, there are bound to be handfuls of Helio customers with questions about the takeover. More like 170,000 handfuls of Helio customers, to be more…
Virgin Mobile USA to acquire Helio in $39 million deal
Not completely unexpected, Virgin Mobile USA has today announced that it will indeed be taking over Helio. The MVNO joint-venture between SK Telecom and Earthlink has struggled to find even a modicum of success in a competitive and cut-throat US wireless market. And, it seems that Helio’s financial troubles have finally come to a head…
Virgin Mobile USA to take over Helio
While no official announcement has yet been made, the Financial Times is reporting that a source close to the situation has indicated that a tentative agreement has been struck between Virgin Mobile USA and Helio. The deal would have Helio essentially being absorbed within Virgin Mobile USA’s larger wireless network. Virgin Mobile USA and Helio…
More Helio Ocean 2 videos
The Helio Ocean 2 is proving to be more successful than its carrier ever was. With the last true MVNO making its final push in the US wireless market, the Helio Ocean 2 has come to the forefront as the hottest Helio handset ever. Last we saw, the Helio Ocean 2 was caught on video,…
Helio Ocean 2 spotted in the flesh
With Helio downsizing its operations, possibly in preparation for a takeover from Virgin Mobile USA, there are probably mobs (in the loosest sense of the term) of Helio customers worried that they may never get to lay hands on the Helio Ocean’s smarter, better, faster, stronger successor, the Helio Ocean 2. Alas, their worries might…
Helio shutting down retail stores and kiosks – another MVNO’s death in the making?
With SK Telecom’s Helio MVNO talking to Virgin Mobile over possible merger or buy-out deals, it seems an odd move to actually shutdown much of Helio’s operations throughout the US. But, we’re hearing that the negotiations between Helio and Virgin Mobile aren’t exactly making waves. Add to that the rumor that Virgin Mobile is planning…
Helio Ocean 2 specs, image leaked
Helio’s recent price-drop on the Helio Ocean was rumored to be paving the way for the first new handset from the MVNO in quite some time – the Helio Ocean 2. And, seeing as how Helio passed their “OZ2” through the FCC’s testing labs, the Helio Ocean 2’s launch was all but expected in the…
Helio drops Ocean’s price to $99; Ocean 2 coming soon?
Helio has dropped Ocean’s price to just $99. It’s not the “refreshed” version, but it does require mail-in rebate. Still, it’s a bargain especially if you’re already using Helio’s services and send text messages like all the time. Or perhaps enjoy surfing the Web with Opera Mini and/or watching YouTube. If that’s the case, Ocean…
Virgin Mobile USA confirms negotiations with SK Telecom
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…
SK Telecom rebuffs Virgin Mobile USA and Helio merger rumors
Following market speculation that SK Telecom, Helio’s sole remaining parent, was negotiating with Virgin Mobile USA to orchestrate a possible merger between the two companies, the South Korean carrier has announced that rumors regarding Virgin Mobile USA’s acquisition of Helio were “groundless.” SK Telecom wants us to know that it remains “committed” to Helio but…