Helio, Virgin Mobile USA in Merger Talks
May 8, 2008, 1:51 PM by Eric M. Zeman
MVNOs Helio and Virgin Mobile USA have indicated that they are in preliminary merger discussions. Both MVNOs have faced difficulties in making subscriber gains. SK Telecom, which owns a controlling share of Helio, has been considering what to do with the small player. Since both MVNOs run on Sprint's network, there is some common ground for them to build a relationship on. Because the talks are in such early stages, both companies are still weighing a number of options.
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