Report: Virgin Mobile USA Mulling Helio Merger
Virgin Mobile USA is reportedly looking into a possible merger with Helio, the MVNO created by EarthLink and SK Telecom, MocoNews reports.
EarthLink stopped funding the struggling company a while back, and has been looking for a way out. Virgin Mobile USA has itself been seen as a potential takeover target as of late.
According to the report, one scenario has SK Telecom buying Virgin Mobile USA and lining its coffers so the newly cash-rich MVNO could then buy Helio.
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