Virgin Mobile USA buys Helio for $39 million

June 27th, 2008 | Category: Phones

Virgin Mobile USA will pay $39 million in stock to buy operator Helio, the company said Friday.

The deal ends more than a month of speculation that the

two troubled mobile virtual-network operators would combine forces.

As part of the purchase, Virgin Group, which owns Virgin Mobile USA, and SK …

Orginal post by Marguerite Reardon

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