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 Send to email | Virgin Mobile (VM): Talking To SK Telecom About Deal (SKM) in SELNKVMSKM |  By Silicon
el 14-May-2008 |
virgin-helio.jpg: Paste this image in your site, Myspace, Facebook, Ebay copy this code...
 Virgin Mobile USA (VM) confirms last week's report that the "virtual" mobile carrier was considering a tie-up with Korean wireless giant SK Telecom (SKM). Statement:
Virgin Mobile USA, Inc. confirmed today that the Company is in preliminary discussions with SK Telecom to explore possible strategic opportunities. Virgin Mobile USA said these discussions are in early stages, and there are no assurances that any transaction will result. Virgin Mobile USA will have no further comment unless a definitive agreement is reached.
As we noted last week, SK's Helio joint venture with EarthLink (ELNK) could make a solid addition to Virgin. Both re-sell service on Sprint Nextel's (S) network, and their businesses are complementary, but don't overlap. (A SK Telecom rep previously called the deal rumors "groundless.")
See Also:
Why A Virgin Mobile-Helio Deal Makes Sense
Virgin Mobile USA Stinks Up Q1, Blames Economy, Says Q2 Will Be Worse
Helio: How To Lose Half A Billion Dollars In Three Years
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| Virgin Mobile Finally Swoops Up Helio |  After months of speculation and rumors of bankruptcy, Helio finally completed that deal with Virgin Mobile. For the better part of the year, forums, blogs, and news sites were aflame with SK Telekom’s restructuring at Helio, Earthlink’s decreasing role in its mobile venture, and Helio’s shrinking profits and customer base. VM then came along in [...]
[..] Read complete article | | Published 23-Aug-2008 by Marc Flores in HelioEarthlinkSK TelekomVirginvirgin mobile
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 | Nerdblog |  Blogger | Provides news about hardware, software, notebooks, laptops, PCs, Mac, PDAs
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| Virgin Mobile facing more problems | 
As we’ve seen a number of smaller carriers and MVNO’s close their doors over the last 12 months, it’s clear that things aren’t so easy for the little guys in the American wireless business. The most recent carrier facing a bit of trouble looks to be Virgin Mobile. A recently leaked internal document reveals that [...] [..] Read complete article | | Published 17-Apr-2008 by Joshua Karp in News
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| Virgin Mobile swallows Helio, Helio posts Q&A |  If you haven’t heard by now — Virgin Mobile is acquiring Helio for $39M — you’re really living under something… In any case, what’s going to happen to Helio’s 170,000 subscribers? Well, we’ve go a hold of an internal Helio Q&A which answers some of those concerns. A couple highlights? Helio subscribers service will not [...] [..] Read complete article | | Published 27-Jun-2008 by The Boy Genius in HelioNewsaquisitionvirgin mobileWireless
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| Nerdblog | Blogger | Provides news about hardware, software, notebooks, laptops, PCs, Mac, PDAs
Nerdblog.Net |
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