Helio CEO Steps Down

Sky Dayton, the founder and chief executive of Helio LLC, is stepping down as CEO to become chairman of the youth-oriented cell-phone provider, the Associated Press is reporting.

Dayton is well-recognized as an industry visionary, having started not only Helio but the top-tier ISP Earthlink. However, Helio has struggled form the outset; while it offers nice mobile media-focused handsets and an array of high-end data plans, it has struggled to reach even 200,000 subscribers in the three years it’s been around.

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