Virgin Mobile buys (once) high-flying Helio for $50M, as mobile consolidation begins

Virgin Mobile buys (once) high-flying Helio for $50M, as mobile consolidation begins

Virgin Mobile USA has agreed to acquire Helio mobile phone division from SK Telecom and Earthlink for an investment that totals $50 million.

The deal is part of a consolidation trend in mobile. Nokia this week agreed to buy Symbian, the mobile phone software maker, for… Continue Reading