Virgin Mobile to buy Helio for $39M

Another MVNO “bites the dust”; not exactly for Helio as it is being rescued by Virgin Mobile. At $39M it is a bargain for Virgin Mobile, compared to all the cash SK Telecom et al. have put into it…

It is SO hard and expensive to run an MVNO.

Helio was/is a very innovative group of folks, who entered and intertwined the space of mobility and social networks as never done before.

I know folks, good folks at Helio, and I wish them the best…

ceo

About ceo

Long-time mobility enthusiast -- see http://weblog.cenriqueortiz.com/about
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