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Virgin Mobile USA to acquire Helio in $39 million deal

acquire | acquisition | announcements | buyout | earthlink | financial | helio | mvno | partnerships | sk telecom | virgin | virgin group | virgin mobile | virgin mobile usa

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 with [...]

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