Virgin Mobile USA, confirmed that it is in preliminary discussions with SK Telecom to explore possible strategic opportunities. No further comments from the companies were offered. http://www.virgin.com http://www.helio.com
- In January 2008, Helio, the U.S. joint venture between SK Telecom and EarthLink, activated its 200,000 mobile subscriber. Average revenue per user (ARPU) is over $85, well above the industry average.
- In September 2007, SK Telecom confirmed plans to invest up to an additional $270 million in Helio, the U.S.. EarthLink was renegotiating its stake in the venture.