SK Telecom Invests Another $270 Million In Helio
Sep 21, 2007, 1:17 PM by (staff)
Earthlink stated today that SK Telecom has invested an additional $270 million into the two companies' MVNO joint venture, Helio. Up to now, the two companies split their investments in Helio 50/50 and both had pledged $100 million in added funding in June. This extra cash infusion from SK Telecom will probably tip the balance in SK Telecom's favor, and both firms noted that they will update existing agreements about Helio's governance. Helio has about 130,000 subscribers, and believes it will cross the 200,000 mark by the end of the year. It will lose approximately $340 to $360 million for the 2007 fiscal year.
Helio Quietly Reboots On Sprint and Verizon's Networks
Helio, an MVNO that shuttered its doors years ago, is back. The company announced its return via Twitter and is once again offering prepaid service.
MediaTek Brings the Smarts with Helio P60 SoC
MediaTek announced the Helio P60 system-on-a-chip, a processor that adopts artificial intelligence and other advanced features for mid-range devices. The P60 relies on a big.LITTLE architecture with four ARM A73 processors at 2 GH and four ARM A53 processors at 2 GHz.
MediaTek Helio P10 SoC Targets Mid-Range Smartphones
MediaTek today announced the Helio P10, a system-on-a-chip that combines an application processor, graphics processor, and LTE modem. The Helio P10 runs eight 64-bit cores clocked at 2 GHz in coordination with a dual-core 64-bit 700MHz Mali-T860 graphics chip.
MediaTek Debuts P20 Helio Processor and Wearable Chip
MediaTek today announced the Helio P20 system-on-a-chip for phones and the MT2511 for wearables. The Helio P20 targets sub-flagship devices.
... LOL j/k.
More investments and changes will help this company turn their negative ways into positive ones. The amount of subscribers they have is not enough so they need to different things to expand and I think this capital i