Customers of bankrupt “virtual” mobile carrier Amp’d Mobile scored another week to find a new wireless provider. Amp’d has updated its Web site and now says service may shut down July 31 — not today, as it had previously posted (via MocoNews). Also of note, ousted Amp’d founder Peter Adderton […]
The brutal reality in the age of a $200 Apple (AAPL) iPhone: Inferior gadgets won’t be able to sell for nearly as much as they used to.
Helio, the “virtual” wireless carrier purchased by Virgin Mobile USA (VM) last year, plans to start selling the second edition of its flagship “Ocean” mobile phone sometime this quarter, a company rep tells us. The phone could go on sale as soon as next month.
We won’t know for a while if this was a steal or a ripoff, but Virgin Mobile USA has made it official: As expected, it’s buying rival “virtual” mobile carrier Helio for $39 million in equity; it has also agreed to sink at least $50 milllion more into the venture.
Virgin Mobile USA will bail out rival “virtual” carrier Helio after all, the FT reports: The companies have agreed to a deal in principle and could announce it as early as this week.
“Virtual” wireless carrier Helio could be on its last legs. We hear that it’s finally closing its barren retail stores this week, confirming a few earlier reports. And even if a last-ditch sale to rival Virgin Mobile (VM) happens, we doubt Helio has much left to offer the mobile industry.
Virgin Mobile USA (VM) confirms last week’s report that the “virtual” mobile carrier was considering a tie-up with Korean wireless giant SK Telecom (SKM). Statement:
“Virtual” mobile carriers Virgin Mobile USA and Helio each have something the other doesn’t: Helio has cool phones and high-end subscribers happy to pay $85 a month on mobile phone service, and Virgin Mobile has a real business, where it has more than 5 million subscribers and makes a profit.
Good news for Helio subscribers with the “virtual” carrier’s signature Ocean phone: Helio has signed a deal with Opera Software to give them access to the company’s Mini Web browser.
We’ve been wondering how “virtual” wireless carrier Helio could lose $560 million in three years, with only 180,000 subscribers to show for it. Now, via corporate parent EarthLink’s (ELNK) annual report to the SEC, we know.
Helio, the cash-burning “virtual” wireless carrier co-owned by EarthLink and SK Telecom, saw losses soar last year — but sales grew faster.
“Virtual” wireless carrier Helio is burning cash, shaking up its staff, and missing growth projections. Yesterday, we said the company might be on the block “sooner than later.” We didn’t realise that meant “now.”
“Virtual” wireless carrier Helio is shaking up its management team: At the end of March, CFO Todd Tappin, VP of operations Terry Boyle, marketing head Kiernan Hannon, and controller Michael Zemetra will be out. Last month, Helio founder Sky Dayton stepped down as chief executive to become non-executive chairman, while […]
A nice pickup for NY’s mobile bar/restaurant review site Buzzd: “Virtual” wireless carrier Helio will add the service to its mobile homepage, or “deck.” This means Helio’s 200,000 or so subscribers will get easier access to Buzzd’s reviews, aggregated from Flavorpill, TimeOut, CitySearch, etc., and its “real-time” reviews, submitted by […]
A boardroom shake-up at Helio, the “virtual” wireless carrier jointly owned by Korean wireless giant SK Telecom and U.S. Internet service provider EarthLink (ELNK). Founding CEO Sky Dayton is getting kicked upstairs, where he’ll become non-executive Chairman. President/COO Wonhee Sull gets his old job. Helio, which is trying to re-sell […]
Despite much hype and investment, video on mobile phones hasn’t taken off yet: Research firm M:Metrics estimates only about 4.2% of U.S. wireless subscribers are watching video on their phones. What’s the holdup? Most blame lousy devices, wireless networks, and mobile-video software.