Virgin Mobile acquiring Helio according to Financial Times

Posted on 24 June 2008 by


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According to a June 24, 2008 article in the Financial Times, struggling prepaid provider Helio is set to be acquired by struggling prepaid provider Virgin Mobile USA. Helio is known for their hip youth oriented phones and prepaid service featuring an unlimited plan that includes voice, text and EVDO data for $99. According to the Financial Times, Helio claims slightly under 200,000 subscribers while Virgin Mobile is just over 5 million. Virgin Mobile also rolled out an unlimited prepaid plan for $79 which we reported yesterday. Both services primarily use the Sprint cellular network to route their calls.

Link: Virgin and SK in US mobile link-up
Link: Virgin Mobile USA to buy SK Telecom’s US Unit

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Wayne is a diehard Blackberry user and consultant specializing in Sage MAS90 Accounting Software. He lives in Glastonbury CT with his two children. When not helping them with their homework or pushing the latest school fundraiser off on his co-workers, he is active hiking, Scuba Diving and investigating all manner of technology.

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