Monday, March 20, 2006

EarthLink Pours $121.5M, 27,000 Customers into MVNO Helio

Joni Morse writes on RCR Wireless News:

EarthLink Inc. has already invested about $121.5 million into its soon-to-be-launched mobile virtual network operator, Helio, according to the company’s recently filed annual report. In addition, EarthLink stated that it has already provided Helio with 27,000 customers.

EarthLink stated that its joint venture with Korean carrier SK Telecom Co. Ltd., “allows us the opportunity to expand and further diversify the markets in which we operate to include the growing voice and data services segment of the wireless market.”

More here.

posted by Fergie @ 3/20/2006 11:21:00 AM

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