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Virgin Mobile USA to Acquire Helio for Approximately $39 Million in Equity

2008-06-30 18:51:00 by Maximus in Just Another Mobile Phone Blog
 
...Virgin Group and SK Telecom at $8.50 per share Improved capital structure through increased liquidity and $50 million paydown of senior secured credit facility Incremental $60 million added to revolving credit facility - Maximum assumption of $10 million debt and $15 million net working capital liabilities - Net debt reduction of...
 
Tags: mobile, virgin mobile, virgin mobile usa, mobile media, services, pcs services agreement, wireless communications services, mobile services, virgin
 
 
 
 
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Virgin Mobile acquires Helio for $39 million

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2008-06-27 13:44:58 by John Biggs in CrunchGear
...Virgin Mobile USA, Inc. (NYSE: VM), a leading national provider of wireless communications services, today announced that it has entered into an agreement to acquire Helio , a joint venture between SK Telecom and EarthLink, Inc. (Nasdaq: ELNK) providing highly advanced postpaid products and services with unique user applications. Under the...
 
Tags: mobile, virgin, virgin mobile usa, scale, virgin mobiles scale, million, helio, sprints network costs, network costs
 
 
 
 
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Virgin Mobile USA Closes Acquisition of Helio

2008-08-23 13:20:49 by Maximus in Just Another Mobile Phone Blog
 
...Virgin Mobile USA, Inc. (NYSE: VM), a leading national provider of pay-as-you-go wireless services, 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...
 
Tags: virgin, virgin mobile usa, customers, helio customers, helio, million customers control, million, wireless, wireless space
 
 
 
 
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Virgin Mobile USA announces 'Totally Unlimited' calling plan - unlimited calling for $80

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2008-06-25 00:37:48 by Will Park in IntoMobile
Virgin Mobile USA, determined to increase its marketshare in the face of unlimited calling plans from all the major US wireless carriers, has announced its own unlimited calling plan. And, as the joint venture between Sprint and Virgin Group is poised to become the sole MVNO (they're something of a pseudo-MVNO, like Boost Mobile) to remain...
 
Tags: virgin, virgin mobile usa, plan, plans, monthly plans, family plans, postpaid plans offer, wireless plan, sprint
 
 
 
 
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Virgin Mobile USA to acquire Helio in $39 million deal

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2008-06-27 19:11:04 by Will Park in IntoMobile
...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 Virgin Mobile USA making a...
 
Tags: virgin, virgin mobile usa, virgin mobile, helio, helio customers, helio merger rumors, million, helio contracts, deal
 
 
 
 
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Virgin Mobile USA to take over Helio

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2008-06-25 07:41:09 by Will Park in IntoMobile
...Virgin Mobile USA and Helio. The deal would have Helio essentially being absorbed within Virgin Mobile USA's larger wireless network Virgin Mobile USA and Helio have been struggling to make a larger impression in the US wireless market. Since going public last year , Virgin Mobile has seen it's shares drop over 75% - once worth upwards of...
 
Tags: virgin, virgin mobile usa, virgin mobile, helio, helio merger rumors, telecom, telecom recently, market, subscribers
 
 
 
 
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Ready for Lift-Off! Virgin Mobile USA to Launch the Shuttle

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2008-09-11 19:24:21 by Maximus in Just Another Mobile Phone Blog
...Virgin Mobile USA and Personal Communications Devices, LLC [PCD] are launching the Shuttle, Virgin Mobile USA's first EV-DO handset, designed with high performance for data and content in mind. Available exclusively at Best Buy Mobile and BestBuy.com as of September 28, the Shuttle ushers in a new era of performance for consumers who demand...
 
Tags: mobile web, web, mobile, virgin mobile usa, mobile web packs, virgin mobile, mobile internet sites, mobile internet, mobile data services
 
 
 
 
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Virgin Mobile USA unveils Kyocera TNT! as an entry-level clamshell

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2008-07-06 21:29:12 by Will Park in IntoMobile
Virgin Mobile USA really looks to be going on a US wireless industry blitz. With MVNO takeovers , new calling plans , and fresh new handsets being announced left and right , Virgin Mobile USA is on a mission to snatch-up more and more US wireless subscribers. The latest move to convince Americans to jump on Virgin Mobile's US-bandwagon is the...
 
Tags: virgin mobile, virgin mobile arc, virgin mobile usa, virgin mobile tnt, tnt, arc, basic, basic features, basic web access
 
 
 
 
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Control Room Presents Live Performances From Virgin Mobile Festival Exclusively Online at MSN Music in Concert

2008-08-22 16:24:41 by Maximus in Just Another Mobile Phone Blog
 
...Virgin Mobile Festival, including Jack Johnson, Nine Inch Nails, Lil Wayne and many more, will be available for free to millions of fans worldwide via online broadcast at music.msn.com/virgin-festival1, Control Room and MSN confirmed today. The three-part series created by Control Room, the world's leading producer and distributor of...
 
Tags: music, live music, live music events, msn music, world-class entertainment content, world-class entertainment, live, world, msn