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Source: www.moreover.com --- 14 days ago
SEOUL, June 25 (Reuters) - Virgin Mobile USA (VM.N: Quote, Profile, Research, Stock Buzz) is set to acquire a U.S. mobile arm of South Korea's SK Telecom Co (017670. ... Source: www.moreover.com --- 14 days ago
SEOUL, June 25 (Reuters) - Virgin Mobile USA (VM.N: Quote, Profile, Research, Stock Buzz) is set to acquire a U.S. mobile arm of South Korea's SK Telecom Co (017670. ... Source: www.moreover.com --- 23 days ago
Extract not available. ... Source: www.moreover.com --- 27 days ago
Cover| U.S. News | Politics | World News | Business | Sports | Tech/Science | Entertainment | Travel | Health | Blogs Etc. ... Source: www.moreover.com --- 5 days ago
Extract not available. ... Source: www.moreover.com --- 11 days ago
NEW YORK: Virgin Mobile USA Inc said on Friday it will buy SK Telecom Co Ltd's money-losing US mobile unit, Helio, for $39 million in stock, hoping a combination of their youth-focused services will help weather a slowing economy. ... Source: www.businessweek.com --- 12 days ago
The acquisition of the South Korea controlled MVNO will bring Virgin's U.S. mobile arm economies of scale and result in a business worth about $50 million ...
Source: www.paidcontent.org --- 13 days ago
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 signed in principle and that an announcement could be made as early as this week. The deal will include Helio, now majority owned by SK Telecom ( NYSE: SKM ), injected into Virgin Mobile USA ( NYSE: VM ), and better-recognized Virgin brand will be retained....more details on MocoNews . ContentNext's EconCeleb Seminar examines what drives the economics of celebrity content. July 23, 2008 at the Roosevelt Hotel, Hollywood. Learn more . ... Source: clientportal.ibb.ubs.com --- 13 days ago
This document is related to the following: Regions Global Emerging Markets Asia Korea Asia Pacific Asia Pacific Ex. JP Sectors Global Wireless Communications Global Telecommunications Global Emerging Wireless Communications Global Emerging Telecommunications Korean Wireless Communications Asian Wireless Communications Asian Telecommunications Korean Telecommunications Asian Pacific Wireless Communications Asian Pacific Telecommunications Asian Pacific Ex. JP Wireless Communications Asian Pacific Ex. JP Telecommunications Asia Emerging Wireless Communications Asia Emerging Telecommunications Companies 017670.KS SK Telecom Subjects Company Update Morning Note ... Source: sprintconnection.kansascity.com --- 13 days ago
A day after unveiling new unlimited wireless calling plans, Virgin Mobile USA is back in the news. This time it is about the expectation Virgin Mobile soon will snap up Helio. The Financial Times is reporting that “Virgin Mobile USA is to acquire the US mobile phone operation controlled by SK Telecom of South Korea, after each side decided to combine their struggling businesses to build scale in the fast-maturing market.” Official announcements could be coming yet this week as both sides have agreed to a deal in principle, according to the publication. read more ... Source: www.earthtimes.org --- 14 days ago
SEOUL (Reuters) - Virgin Mobile USA is set to acquire a U.S. mobile arm of South Korea's SK Telecom Co as both sides agreed to combine their struggling businesses, the Financial Times reported on Wednesday. ... Source: www.slashphone.com --- 13 days ago
Pantech and SK Telecom will start selling the new IM-R300 touch screen phone in Korea this week. As usual, the IM-R300 will support the T-DMB media broadcast service with its 2.6-inch WQVGA display screen (240 x 400 pixels). Other than T-DMB, it has built in GPS receiver and users can subscribe to the T-Map service [...] ... Source: www.wallstrip.com --- 26 days ago
If SK Telecom and Virgin Mobile get together, South Korea will be a distant memory… ... Source: www.pacificepoch.com --- 14 days ago
Shanghai Media Group (SMG) signed a memorandum of understanding (MOU) with SK Telecom China on June 23 to promote new media cooperation, reports Sohu. According to the report, SMG and SK Telecom China plan to partner on mobile TV, IPTV and interactive media services. SMG vice president Zhang Dazhong,... ... Source: www.totaltele.com --- 22 days ago
Korean operator will hold 3.7% of entity that emerges from China Telecom, Unicom deal. ... Source: rapidtvnews.com --- 14 days ago
Korean wireless operator SK Telecom has signed a deal with China’s Shanghai Media Group to cooperate on new media services. ...
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NewsOXY Virgin Mobile to buy SK Telecom's Helio guardian.co.uk - 1 hour ago By Ritsuko Ando NEW YORK, June 27 (Reuters) - Virgin Mobile USA Inc said on Friday it will buy SK Telecom Co Ltd's money-losing US mobile unit, Helio, for $39 million in stock, hoping a combination of their youth-focused services will help weather a ... The Tick Tock: What we know about the Virgin Mobile and Helio merger CrunchGear Virgin Mobile to buy Helio for $39M The Associated Press Computerworld - Washington Post - PC World - Reuters all 180 news articles ...
The UK's Financial Times is reporting that Virgin Mobile USA and SK Telecom have come to an agreement that sees SK's Helio unit being rolled into Virgin Mobile USA. Read the full story here. ...
Davy Bui submits: SK Telecom (SKM) recently reported Q1 2008 results (all results KRW unless noted): Financial Results Complete Story » ...
After rumors swirled around the Internet for a month, Virgin Mobile USA Inc. finally agreed to acquire SK Telecom Co.'s Helio LLC for $39 million in stock, which is less than a tenth what Helio was valued at launch three years ago. Although the deal was widely expected -- especially after reports that Helio closed stores this week -- terms were scarce until Friday's formal announcement. Virgin Group and SK Telecom, the South Korean carrier that is the majority owner of Helio, will each invest $25 million in Virgin Mobile. The deals will give SK Telecom a 17% stake in Virgin Mobile -- down considerably from its 70% control. Seoul-based SK Telecom launched Helio, a so-called mobile virtual private network, which instead of operating its own network leases access from another company, in October 2005 as a joint venture with Atlanta-based Internet service provider EarthLink Inc., which held a 30% voting stake. At launch, the partners valued the startup at $440 million. In November 2007, the companies said that SK Telecom could invest up to $270 million more. Helio reportedly was struggling from the sluggish economy and competing telecoms. - Maria Woehr ...