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VMUSA Call: Helio Cuts Expenses In Preparation Of Merger; Deal To Close In Next Few Weeks - 0 Comments
Posted By Tricia Duryee - Wed 13 Aug 2008 09:58 PM PST

Virgin Mobile USA (NYSE: VM) reported its second-quarter earnings today saying its performance was affected by changes in consumer spending and a poor economy. During the quarter, profit fell 50…

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Earnings: Virgin Mobile USA Says Economy Hurt Revenues And Profits In Q2 - 0 Comments
Posted By Tricia Duryee - Wed 13 Aug 2008 03:28 PM PST

Virgin Mobile USA (NYSE: VM), the prepaid wireless carrier which agreed to buy Helio from Earthlink (NSDQ: ELNK) and SK Telecom (NYSE: SKM), announced second-quarter results today, saying its weak…

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Virgin Media Preps UK Mobile Broadband On T-Mobile Price Cut - 1 Comment
Posted By Robert Andrews - Thu 07 Aug 2008 02:10 AM PST

Virgin Media (NSDQ: VMED) will begin offering mobile broadband dongles in the UK in the final calendar quarter. Virgin is late to the UK’s booming broadband dongle space but today’s…

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Sky Dayton Retires From EarthLink Board; Starting New Company? - 0 Comments
Posted By Rafat Ali - Fri 01 Aug 2008 07:04 PM PST

Sky Dayton, the founder of EarthLink, Boingo and most recently Helio (which was sold for a mere $39 million to Virgin Mobile USA (NYSE: VM) in June), has retired from…

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Mobile Content Bits: CBC/Radio-Canada; Orange Music Show; 7-Eleven - 0 Comments
Posted By James Quintana Pearce - Mon 28 Jul 2008 10:38 AM PST

CBC/Radio-Canada Mobilize: Canadian national public broadcaster CBC/Radio Canada is launching ad-supported mobile sites which will offer real-time access to news, sports, and entertainment content. The broadcaster has 29 services on…

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Virgin Mobile Bares Too Much In Latest Quirky Stunt - 0 Comments
Posted By Tricia Duryee - Wed 16 Jul 2008 02:29 PM PST

”Virgin Mobile USA (NYSE: VM) definitely walks to its own, very hip drumbeat,” reports USA Today in a story today about how the pre-paid service provider “treads a quirky path…

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Industry Moves: Former Virgin And NBC Exec Turns VC To Search For Mobile Avertising Opportunities - 1 Comment
Posted By Tricia Duryee - Tue 08 Jul 2008 12:25 PM PST

Valhalla Partners, a Vienna, Va.-based venture firm with $440 million under management, announced today that it has hired Saj Cherian, a former executive from Virgin Mobile USA (NYSE: VM) and…

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Virgin-Helio: Interview: VMUSA’s CEO Dan Schulman: Merger A “Transformative Deal For The Company.” - 2 Comments
Posted By Tricia Duryee - Fri 27 Jun 2008 11:26 AM PST

Virgin Mobile USA (NYSE: VM) today announced that they will be acquiring Los Angeles-based Helio, a competitor backed by SK Telecom (NYSE: SKM) and EarthLink, for $39 million. The deal…

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Virgin-Helio: Execs Explain Tie-Up; Confirms Helio Store Closures And Other Reductions - 0 Comments
Posted By Tricia Duryee - Fri 27 Jun 2008 07:58 AM PST

Virgin Mobile (NYSE: VM) hosted a conference call this morning to explain the acquisition of Helio, which will cost them $39 million, and will gain them a fresh $50 million…

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Virgin Mobile Acquiring MVNO Helio For A Paltry $39M In Equity; Gets $50M Cash Investment - 0 Comments
Posted By Joseph Weisenthal - Fri 27 Jun 2008 06:28 AM PST

As we have been reporting since the start of these talks, Virgin Mobile USA (NYSE: VM) has finally announced the acquisition of troubled MVNO Helio. We originally broke the news…

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SK Telecom-Helio-Virgin Mobile Deal Done; Helio To Be Injected Into VMUSA: Report - 3 Comments
Posted By Rafat Ali - Tue 24 Jun 2008 07:17 PM PST

So reports FT this evening, citing sources. We first broke the news on the deal talks last month, and after hiccups in valuation and other issues, the deal has been…

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Virgin Mobile Launches Unlimited Monthly Plan - 0 Comments
Posted By Dianne See Morrison - Tue 24 Jun 2008 03:11 AM PST

Virgin Mobile USA (NYSE: VM) is rolling out an unlimited calling plan for $79.99 a month. The MVNO joins Sprint (NYSE: S), T-Mobile, AT&T (NYSE: T) and Verizon Wireless (NYSE:…

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Wild Rumors Flying About Helio Store Closures And Potential Virgin Mobile Tie-Up - 6 Comments
Posted By Tricia Duryee - Fri 20 Jun 2008 02:37 PM PST

A slew of rumors about Helio and Virgin Mobile (NYSE: VM) are emerging this afternoon ... none of these seem to be vetted for truthfulness, but that hasn’t stopped a…

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Updated: Virgin Mobile USA May Sponsor Arena Football Championships - 0 Comments
Posted By Tricia Duryee - Mon 16 Jun 2008 04:37 PM PST

Virgin Mobile USA (NYSE: VM) is close to becoming the first title sponsor of the Arena Football League’s championship game, which will take place on July 27th in New Orleans…

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Updated: AOL Is Exclusive Mobile Ad Provider For Virgin Mobile - 0 Comments
Posted By Tricia Duryee - Tue 20 May 2008 10:25 AM PST

Perhaps this is more validation for the mobile advertising space because it shows no stone is being left unturned. Virgin Mobile USA (NYSE: VM) announced today that AOL’s (NYSE: TWX)…

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Boost Mobile Goes Counter: Opens Three Owned Retail Stores - 1 Comment
Posted By Rafat Ali - Mon 19 May 2008 01:20 PM PST

Just when you thought the economic slowdown and parent Sprint (NYSE: S) Nextel’s own troubles may result in more leaner thinking on the company’s part, well: Boost Mobile, the MVNO…

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Class Action Targets Seven Operators - 0 Comments
Posted By James Quintana Pearce - Sun 18 May 2008 07:56 PM PST

The latest premium mobile content class action has taken a short-cut by suing 6 operators and an MVNO at once—AT&T (NYSE: T) Mobility, Sprint (NYSE: S) Nextel, Verizon (NYSE: VZ),…

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Filings Watch: Virgin Mobile USA’s Amended Contract With Sprint - 0 Comments
Posted By Rafat Ali - Sun 18 May 2008 09:54 AM PST

Virgin Mobile USA (NYSE: VM), which is in prelim talks to be bought by SK Telecom (NYSE: SKM) (Helio’s parent), as we reported first here, has filed its quarterly report…

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Virgin Mobile Launches Facebook App To Help Users Earn Minutes - 0 Comments
Posted By Tricia Duryee - Wed 14 May 2008 09:00 PM PST

Here’s a new twist on mobile advertising and social networks: Virgin Mobile (NYSE: VM) is launching a Facebook application today that will give customers, who participate in its Sugar Mama…

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Virgin Mobile USA Confirms Early Talks With SK Telecom - 2 Comments
Posted By Tricia Duryee - Wed 14 May 2008 07:29 AM PST

Virgin Mobile USA (NYSE: VM) confirmed this morning that it is having preliminary discussions with SK Telecom (NYSE: SKM) to explore possible strategic opportunities. We were first last week to…

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Virgin Mobile USA Tells Wall Street “No Comment” Regarding Helio Rumors - 0 Comments
Posted By Tricia Duryee - Tue 13 May 2008 04:54 PM PST

Rafat reported last week that Virgin Mobile USA (NYSE: VM) is in merger talks with the much smaller and troubled MVNO Helio, and this week the rumors have the MVNO…

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SK Telecom Calls Rumors Of Virgin Mobile-Helio Merger “Groundless” - 7 Comments
Posted By Dianne See Morrison - Mon 12 May 2008 03:46 AM PST

Rafat broke the news Thursday that MVNO’s Virgin Mobile and Helio were considering a merger, and despite the WSJ verifying the tie-up with their own sources, SK Telecom (NYSE: SKM)…

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Virgin Mobile USA In Merger Talks With Helio; Other Options Still Being Considered - 12 Comments
Posted By Rafat Ali - Thu 08 May 2008 11:30 AM PST

Virgin Mobile USA (NYSE: VM), the MVNO which just reported its Q1 earnings earlier this week, is in talks with the much smaller and troubled MVNO Helio, we have learned,…

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Updated: Qwest Inks Deal With Verizon Wireless; Sprint Is Likely Out Of The Picture - 0 Comments
Posted By Tricia Duryee - Mon 05 May 2008 02:10 PM PST

With all the fuss today about Sprint Nextel’s future, this is a piece of news I’m sure they rather not get out. Qwest announced today that it has signed a…

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Updated: Earnings: Virgin Mobile’s Q1 Was Tough; Looking At Opportunities For Growth - 0 Comments
Posted By Tricia Duryee - Mon 05 May 2008 01:16 PM PST

Virgin Mobile (NYSE: VM) released its first quarter earnings today, showing that results were substantially lower compared to the year-ago period, however, they were at the upper end of expectations…

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mocoNews.net is a news site covering the business of mobile content.

Rafat Ali
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