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MobileBurn.com - 8/24/2008
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Today Virgin Mobile USA announced that it has completed its acquisition of rival MVNO Helio.
Read the full story here.
helio.com - 8/27/2008
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helio.com —
"Helio", "Ocean", "Mysto", "Fin", "Heat", "Drift", the "Helio"
logo and any other product names, service names or...
logos of HELIO used, quoted and/or referenced herein are trademarks or registered trademarks of HELIO LLC. All other product names and/or ...
(more)
Mobile Phones with Wireless Service | Helio
prnewswire.com - 8/22/2008
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prnewswire.com —
WARREN, N.J., Aug. 22 /PRNewswire-FirstCall/ -- Virgin Mobile
USA, Inc. (NYSE: VM ), a leading national provider...
of pay-as-you-go wireless services, today announced that it has completed its acquisition of Helio, a joint venture between SK Telecom ...
(more)
Virgin Mobile USA Closes Acquisition of Helio
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Virgin Mobile USA finalizes Helio acquisition
Gadgetell —
Section: Communications, Cellphones, Cellular Providers, Mobile
Virgin Mobile USA has announced the completion of the Helio acquisition. The deal, which was officially announced back towards the end of June was completed for the expected $39 million and has removed ownership from SK Telecom and Earthlink.
The $39 million payment for the acquisition was not in cash, but instead was 13 million shares of Virgin Mobile USA common stock. Also, and in addition to the received stock, the transaction included SK Telecom and UK based venture capital company Virgin Group each ...
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