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May 12, 2008

SK Telecom denies Virgin/Helio merger rumor, calls it “groundless”

Posted by Greg Kumparak

Last week, CrunchGear reported on a rumor that Helio and Virgin Mobile had gone to the table to discuss the possibility of a merger.

SK Telecom, one of Helio’s two parent companies (the other being Earthlink), is calling shenanigans. According to a spokesperson for SK Telecom, there had not been “any sort of talks” between Helio and Virgin, saying all rumors as such were “groundless” and that they remained “committed to Helio.” In the vaguest statement of the century, she also added that SK Telecom was actively seeking opportunities to expand in the US.

Being a huge fan of Helio, I’m relieved to hear that SK Telecom is sticking with’em. SK Telecom certainly has deep enough pockets, and Helio’s got the right idea - they’ve just gotta figure out a way to get their devices onto more shelves, in more places.

[Via mocoNews.net]

2 Comments

  1. “In the vaguest statement of the century, she also added that SK Telecom was actively seeking opportunities to expand in the US.” It’s was the “it could happen, like a giant alien jumping out of my butt kind of statement.” People get a sigh of relief knowing Helio and Virgin are not in cahoots, especially after all the heat Virgin has been getting from the Virgin Media net neutrality crap going on . I really hope SK sticks it out in this competitive market here in the US and really puts Helio on the map as a successful MVNO service with a good business model.

    Comment by Peetre — May 12, 2008 @ 3:03 pm

  2. YOU STOLEZ MAI PHOTOSHOP

    Comment by Justin — May 12, 2008 @ 9:25 pm

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