Business Services Industry

Virgin Mobile USA is acquiring the Helio, the US MVNO controlled by SK Telecom

Telecom Asia, July, 2008

Virgin Mobile USA is acquiring the Helio, the US MVNO controlled by SK Telecom. The new entity will be known as Virgin, and SK Telecom will own about 20% of the merged business, which is thought to be worth about $50m.

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COPYRIGHT 2008 Gale, Cengage Learning

 

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