Tech

Helio Revenue Outpaces Losses In Q3

How’s “virtual” wireless carrier Helio doing? While the company, a JV between EarthLink (ELNK) and SK Telecom (SKM) has released some bare-bones Q3 numbers, it’s not enough for us to get a sense of its health. What we do know: Helio reported sales of $51.7 million, up 56% from Q2, […]
Tech

Another MVNO RIP: Disney Mobile Going Down

Disney Mobile is shutting down, PaidContent reports. This is not a shocker: Two weeks ago Disney CFO Tom told the Merrill media conference Disney was “evaluating” the service’s future. More broadly, it’s more surprising to hear about “virtual” mobile networks that succeed: In addition to Disney Mobile, Disney has also […]
Tech

Free MySpace Mobile (NWS) Good For Wireless Carriers

News Corp.’s new free, ad-supported, mobile edition of MySpace (mobile.myspace.com) finally opens the social networking site to anyone with a Web-capable mobile phone and data plan. This is good news for MySpace users, most of which couldn’t previously access the site from their mobile phones. It’s also potentially great news […]
Tech

SK Telecom Throws Helio A $270 Million Lifeline; EarthLink (ELNK) Backing Off

Cash-burning “virtual” wireless carrier Helio just got a much-needed pledge of support from Korean wireless giant SK Telecom, which co-owns the company with Atlanta-based Internet service provider EarthLink (ELNK). SK Telecom says it will invest up to $270 million more in Helio. But Earthlink, which is busy retooling its struggling […]
Tech

Helio: We Haven’t Given Up On Content Deals

We had heard that Helio — the cash-burning, job-cutting “virtual” wireless carrier — had stopped pursuing new content deals because of budget constraints. This would make sense: Networks, studios and music labels often demand expensive upfront fees before they’ll licence their stuff. (This is one of the reasons, by the […]
Tech

Disney (DIS): ‘Evaluating’ Options for Disney Mobile MVNO

Disney CFO Thomas Staggs didn’t quite write the Disney Mobile “virtual” wireless carrier obit today, but his message was clear: it’s sucking wind. At the Merrill conference in Marina del Rey, Staggs said Disney has seen “some challenges” distributing its family-oriented MVNO, and the company is “in the process of […]
Tech

As EarthLink (ELNK) Tightens Its Belt, Muni Wi-Fi Implodes

It sounds simple: cover a city with wi-fi signals, whet appetites with slow, ad-supported service, sign up enough people to pay for faster access, and presto — wireless Internet for all. Turns out the municipal wi-fi business model was a bust, and in the last few days, the industry has […]
Tech

Helio Cutting 100 Jobs, August ‘Best Month Ever’

Helio spokesman Rick Heineman confirms the “virtual” carrier is cutting 100 jobs, or about 15% of its workforce, primarily from its field sales team. While the carrier will still market itself nationally, Heineman says Helio will focus on growing its subscriber base in big cities, where it has had the […]
Tech

Updated: EarthLink’s (ELNK) Helio ‘Realigning’, Cutting 100 Jobs

“Virtual” mobile carrier Helio is refocusing its business and could cut jobs, according to reports. Moconews says the company will shift its strategy from trying to be a nationwide carrier to focusing on big cities. GigaOM reports that Helio is “rumoured to be contemplating job cuts” that could happen “sometime […]
Tech

EarthLink Tweaks Wi-Fi Business, Leaves Helio Alone For Now

Internet service provider EarthLink won’t take on ambitious new municipal wi-fi projects, chief executive Rolla Huff said today on a conference call with investors. EarthLink will continue to pursue muni wi-fi contracts, but only those that shield the company from extensive risk and/or costs, Huff said. Yesterday, the company announced […]
Tech

Shake-Up At EarthLink. What Does That Mean For Muni Wi-Fi, Helio?

Internet service provider EarthLink took its first steps toward restructuring today: the Atlanta-based company just announced that it is cutting 900 jobs, hiring a chief operating officer, and closing some of its regional offices. More details expected tomorrow during a 9am conference call. Two topics worth listening in for: will […]
Tech

Introducing Our New Company Rating System

When most research and consulting firms analyse industries, they painstakingly place companies into those ubiquitous quadrant graphs.  Companies that are doing better are shown with arrows pointing up and to the right.  Companies that are doing worse have arrows pointing down and to the left.  Etc.
Tech

Lots Of Growth Left For Mobile Social Networks

Social networking sites have a lot of room to grow on the mobile Web, according to a new report from research firm M:Metrics. In the three months ending this June, an average 7.5 million U.S. wireless subscribers, or about 3.5% of U.S. subs, used a mobile social networking site at […]