Mobile virtual network operator Helio L.L.C. has received a fresh commitment of funds from South Korean co-parent SK Telecom, to the tune of $270 million. The funding does not include a matching commitment from Helio's other owner, EarthLink Inc.EarthLink said it is in discussions...
Editor's Note: In this monthly feature, RCR Wireless News talks to retail managers across the country to get a first-hand view of what's hot in wireless.Despite the travails of Amp'd Mobile Inc., not all news is dour in the mobile virtual network operator space....
Sprint Nextel Corp.'s stock spiked for a brief time yesterday in after-hours trading due to a report that Korean operator SK Telecom was going to make a bid for the U.S. wireless carriers, according to Reuters. Sprint Nextel stock temporarily rose more than 14%...
Talk about cold callingA British man has made the world's highest mobile phone call. Rod Baber summited Mount Everest May 21 and then placed two phone calls on a MOTORIZR Z8 phone running Symbian OS. The first call was placed to a voice mail...
Japanese wireless carrier KDDI Inc.'s American operation has moved closer to launching a mobile virtual network operator in the United States, targeting Japanese speakers in America.The carrier opened up a Web site over the weekend showing some teaser information about the service that appears...
During the company's quarterly conference call, Google Inc. executives spoke at length about the future of the mobile search space and highlighted areas where the search giant has made heavy investment in wireless.While Google doesn't expect any significant revenues from its mobile business until...
RealNetworks Inc. is buying itself a bigger space on the wireless entertainment playground with a $350 million acquisition of South Korean-based developer WiderThan Co. Ltd. The Seattle-based digital media company said it will spend $17.05 per share to acquire WiderThan, which provides ringback tones,...
RealNetworks Inc. is buying itself a bigger space on the wireless entertainment playground with a $350 million acquisition of South Korean-based developer WiderThan Co. Ltd. The Seattle-based digital media company said it will spend $17.05 per share to acquire WiderThan, which provides ringback tones,...
ATLANTA—Mobile virtual network operator Helio L.L.C. cost parent EarthLink Inc. $13.3 million in losses last quarter, according to EarthLink’s second quarter earnings report—and EarthLink said it expects those losses to widen over the coming quarters.For the third quarter of 2006, EarthLink said, it expects...
SEOUL—LG Telecom Co. Ltd.’s next move is unclear now that South Korea’s Ministry of Information and Communications has stripped the carrier of its third-generation license after the company chose to bail out on its promise to launch IMT-2000-based services, opting instead to pour its...
Given all the recent WiMAX announcements, it seems that the communications infrastructure community has convinced the rest of the world to invest in WiMAX technology, whether for fixed or mobile networks. In Seoul, South Korea's top two carriers, SK Telecom Co. Ltd. and KT...
HONG KONG—SK Telecom Co. Ltd. said it plans to buy up to $1 billion in China Unicom Ltd.’s bonds in an effort to tap the world’s largest mobile market. South Korea’s largest wireless operator said it will acquire a 6.7 percent stake in China...
LONDON-Warner Music continued to expand its digital distribution operations, acquiring a minority stake in Japanese mobile broadcasting FrontMedia. Terms of the deal were not disclosed.Warner Music Japan said it is making a capital investment in the year-old firm, which operates an Internet-based audio and...
LONDON—Warner Music continued to expand its digital distribution operations, acquiring a minority stake in Japanese mobile broadcasting FrontMedia. Terms of the deal were not disclosed.Warner Music Japan said it is making a capital investment in the year-old firm, which operates an Internet-based audio and...
In early May, KT Freetel Co. Ltd., South Korea's second-largest carrier with 12 million subscribers, announced plans to leave CDMA technology behind in favor of further investment in W-CDMA, which is a third-generation GSM-based technology. The move isn't too surprising since KTF already launched...
Helio L.L.C. made its long-awaited debut in the wireless marketplace last week with two high-end handsets linked to social networking site MySpace.com and plans to have its services available through 1,000 retail locations by the end of the month. Helio’s target audience is young...
Soon-to-launch mobile virtual network operator Xero Mobile plans to use 2 million free handsets and discounted talk time to jump into the wireless marketplace-the catch being that the freebies are in exchange for allowing mobile advertising on the handset. The company is going to...
SUNNYVALE, Calif.—Yahoo Inc. scored another wireless win, inking a deal to deliver search and information services for subscribers of soon-to-launch mobile virtual network operator Helio L.L.C. The MVNO, a joint venture by SK Telecom and Earthlink Inc. slated to launch this spring, said it...
EarthLink Inc. has already invested about $121.5 million into its soon-to-launch mobile virtual network operator, Helio, according to the company's recently filed annual report. In addition, EarthLink stated that it has already provided Helio with 27,000 customers. EarthLink stated that its joint venture with...
WASHINGTON—EarthLink Inc. has already invested about $121.5 million into its soon-to-be-launched mobile virtual network operator, Helio, according to the company’s recently filed annual report. In addition, EarthLink stated that it has already provided Helio with 27,000 customers. EarthLink stated that its joint venture with...
Head honchos from soon-to-launch mobile virtual network operator Helio L.L.C. have been talking up their MVNO the past few weeks, speaking to groups at Morgan Stanley Dean Witter's Wireless Forum and Jefferies Wireless Conference last week and also making an appearance at EarthLink Inc.'s...
GENEVA-Chip supplier STMicroelectronics said it's jumping into the WiMAX market with a new offering for WiMAX base stations. The company said it plans to bundle its STW51000 base-station modem system-on-a-chip with a full set of in-house software libraries, including 802.16e software for frequency division...
SEOUL, South Korea-LG Electronics Co. Ltd. and Nortel Networks Ltd. said they completed a transaction that forms a joint venture between the two companies.The LG-Nortel Co. Ltd. joint venture agreement, which was announced in August, calls for the companies to offer communications and networking...
LOS ANGELES-SK Earthlink Inc. followed through on previous claims that it was looking at a new name for its planned mobile virtual network operator service, unveiling the newly christened Helio Inc. brand that the company plans to use when it launches next spring. The...
