Jargon Buster


agreed to acquire Helio, the joint venture MVNO between SK Telecom and EarthLink, for limited partnership units equivalent to 13 million shares of Virgin Mobile USA class A common stock, with a value of about $39 million. Both carrier's purchase wholesale capacity on Sprint's PCS network.
Atlanta will continue to be the headquarters for AT&T's Mobility group. New Jersey will continue to be the headquarters for the company's Global Business Services group and AT&T Labs. St. Louis will continue as home to the company's Directory operations. The company's Telecom Operations group, which serves residential and regional business customers in 22 U.S. states, will remain in San Antonio.




is launching a mobile text alert service that lets users subscribe to receive text message alerts for friend requests, new messages, comments, bulletins and more. When such activity takes place within their network of friends on Friendster, they will receive an SMS text message on their mobile phone. Users will also be able to share and communicate on Friendster by sending a text message to Friendster to update content on their profile, such as shoutouts and bulletins, send messages, and reply to friend requests. Friendster claims 52 million users in Asia and overe 70 million users worldwide. The text alerts will be offered first in Singapore, Malaysia, Indonesia and the Philippines.http://www.friendster.com/