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Virgin Mobile buys Helio, enters postpaid cellular market
We have followed rumors concerning Virgin Mobile potentially buying Helio, however today, the rumors were made official. The company purchased Helio for $39 million in share equity, and plans to merge the Helio brand and it’s 170,000 customers into Virgin Mobile. The deal should be completed in the 3rd quarter.
SK Telecom, a primary partner of [...]
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