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VIRGIN MOBILE USA CLOSES ACQUISITION OF HELIO

VIRGIN MOBILE USA CLOSES ACQUISITION OF HELIO

   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 and EarthLink, Inc. (Nasdaq: ELNK) that complements Virgin Mobile USA's strengths through its specialization in highly advanced postpaid products and services.

Posted : Fri, Aug 22, 2008

Category : World-Business / Business-Finance News

EarthLink Announces Agreement for SK Telecom to Invest Up To $270 Million in Helio

EarthLink Announces Agreement for SK Telecom to Invest Up To $270 Million in Helio

   EarthLink, Inc. announced that it has entered into an agreement under which SK Telecom may invest up to $270 million in equity contributions to Helio.

Posted : Sun, Nov 11, 2007

Category : World-Business / Business-Finance News
 
 
 
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