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]

The Sirius-XM Merger was finally approved by the FCC today following a 3-2 vote by the commission. The final and deciding vote only came after both parties agreed to pay a US$19.7 million fine for violating FCC regulations. After 16 months of MTV-esque "drama" and gnashing of teeth, the US$3.6 billion merger means that subscribers of both services will now get the best of both worlds. [SF Gate]

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And here she is. After FCC chair Johnathan Adelstein withdrew his support today, the vote is now deadlocked and awaiting the yea or nay from Deborah Taylor, a Republican who is thought to be in favour of the merger.... Read More »

It appears that the rumours were right, kinda fake telecom provider Virgin Mobile will buy kinda fake telecom provider Helio. Once the acquisition is complete, Virgin Mobile will consume Helio and hopefully become stronger from the nourishment, but the... Read More »

A tipster told us that the talks between Virgin Mobile and SK Telecom/Helio are going nowhere, with Virgin backing out unless there's some sort of bankruptcy declaration or huge liquidation. Our tipster says that Helio's corporate stores and kiosks... Read More »

Looks like Microsoft isn't completely ready to let its dreams of a deal with Yahoo die yet. Despite calling the purple giant's demands "excessive" and retiring its US$47.5 billion bid just two weeks ago, Microsoft is now saying that it's discussing an "alternative transaction." Apparently something has changed enough in the last few days for Microsoft to resume negotiations, like a scorned lover lured back by a "I promise everything will be different, baby. I'll really try to make things work this time around!" [BBC]

Despite mocoNews' and WSJ's reports last week that SK Telecom and Virgin Mobile were set to merge the Helio and Virgin Mobile USA brands, SK Telecom denies these rumours and says its fully committed to Helio. Dow Jones quoted... Read More »