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Virgin Mobile USA In Merger Talks With Helio; Other Options Still Being Considered

Virgin Mobile USA (NYSE: VM), the MVNO which just reported its Q1 earnings earlier this week, is in talks with the much smaller and troubled MVNO Helio, we have learned, even as other PE and strategic players are still circling both the companies. Helio is now controlled by SK Telecom (NYSE: SKM),...

mocoNews.net | more posts | 61 days | Thu., May 8, '08

Why A Virgin Mobile-Helio Deal Makes Sense

"Virtual" mobile carriers Virgin Mobile USA and Helio each have something the other doesn't: Helio has cool phones and high-end subscribers happy to pay $85 a month on cellphone service, and Virgin Mobile has a real business, where it has more than 5 million subscribers and makes a profit. So would...

Silicon Alley Insider | more posts | 61 days | Thu., May 8, '08

Helio, Virgin Mobile in merger talks [Rumormonger]

SK Telecom, the backer of money-losing wireless startup Helio, could buy out Virgin Mobile USA and combine it with Helio. [MocoNews.net]...

Valleywag | more posts | 61 days | Thu., May 8, '08

New Item! Yahoo, AOL rushing merger talks? | MacNN | The Macintosh News Network

New Item! Yahoo, AOL rushing merger talks? | Electronista | Gadgets for Geeks

SK Telecom looking to buy Virgin Mobile USA - Helio, Virgin Mobile USA merger talks under way

With Helio burning through cash like it's going out of style, the youth-targeted MVNO could really use a helping hand. And, what better way to position yourself as the premier MVNO in the US than to buy up your closest rival. Reports are circulating that SK Telecom, Helio's only remaining...

IntoMobile | more posts | 61 days | Thu., May 8, '08

Yahoo, AOL rushing merger talks? | MacNN | The Macintosh News Network

Yahoo, AOL rushing merger talks? | Electronista | Gadgets for Geeks

Virgin Mobile looking to merge with Helio?

Filed under: Cellphones, Wireless Times haven't been so great at Helio, but it looks like the troubled MVNO could be snapped up by Virgin Mobile. mocoNews did a little digging after Virgin's recent Q1 conference call, and says that the two companies are currently in merger talks. Since both...

Engadget | more posts | 61 days | Thu., May 8, '08

Helio and Virgin Mobile to Merge? [Cellphones]

mocoNews reports talks are going on between Helio and Virgin Mobile USA about a possible merger between the two wireless phone carriers. Helio has had some finanical issues over the past year, and it's owner, SK Telecom, has been looking to make a splash in US markets. Current talks include SK...

Gizmodo | more posts | 61 days | Thu., May 8, '08

Rumor that won’t die: Virgin Mobile to bid for Helio to make best MVNO ever?

We’ve heard weirder rumors about the future of Helio, our favorite MVNO, but this one’s got some interesting aspects to it. The buzz is that Virgin Mobile is looking to pick up Helio and merge the services, and in some ways the idea makes sense. Virgin is the leading MVNO for low-end...

CrunchGear | more posts | 61 days | Thu., May 8, '08

 

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