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Virgin Mobile and Helio Merger Complete

By Matt Hickey on August 23, 2008 at 2:00 PM

Virgin Mobile today finished its acquisition of nerd fave Helio. The deal was finished today with US$38 stock transaction to EarthLink and SK Telecom. This means that Virgin is hands down the largest MVNO in America, and it also means it could expand even more sing it can now offer both pre-paid and post-paid plans as well as the high-end devices from Helio. But the question remains: Will it be able to make money? [Press Release]

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