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Article: Virgin Mobile USA Closes Acquisition of Helio.

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PR Newswire
Article date:
August 22, 2008
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WARREN, N.J., Aug. 22 /PRNewswire-FirstCall/ -- Virgin Mobile USA, Inc. , a leading national provider of pay-as-you-go wireless services, today announced that it has completed its acquisition of Helio, a joint venture between SK Telecom and EarthLink, Inc. that complements Virgin Mobile USA's strengths through its specialization in highly advanced postpaid products and services. The acquisition was completed based on the terms and conditions outlined in Virgin Mobile USA's June 27, 2008 press release. All necessary regulatory approvals have been obtained.

(Logo: http://www.newscom.com/cgi-bin/prnh/20070613/VIRGINMOBILE )

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