Mobile + youth = big profits? Not yet for Virgin and Helio

[staff]

Mobile + youth = big profits? Not yet for Virgin and Helio
      

Virgin Mobile USA is in talks to acquire Helio, the U.S. mobile arm of South Korea’s SK Telecom, to combine their struggling businesses, according to the Financial Times on Wednesday.
Though speculation about the talks had been knocked down by Bernstein Research analyst Walter Piecyk on Tuesday,  the companies seem serious about merging the two businesses, which focus on the youth end of the market.
Virgin Mobile, partly [...]
         

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