Virgin Mobile USA buys Helio for $39 million

Courtesy CNET Tech blog  Fri, 06/27/2008 - 10:21am

Virgin Mobile USA will pay $39 million in stock to buy operator Helio, the company said Friday.

The deal ends more than a month of speculation that the two troubled mobile virtual-network operators would combine forces.

As part of the purchase, Virgin Group, which owns Virgin Mobile USA, and SK ...



 

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