Content MVNO Helio still negative

July 21st, 2006 by Arjan Olsder Posted in Analysis & Editorial | No Comments »

Helio, the would be competitor for Amp’d Mobile in the US is estimated to still take huge losses according to MoCoNews. Earthlink announced it’s shares in Helio made a $ 13.3 Mln loss. With SK Telecom on the other end of the VC, the loss is expected at $ 20 Mln. Total loss would be between $75 Mln and $ 85 Mln for the full year.

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