Helio is an MVNO wireless carrier launched on May 2, 2006. It was founded by EarthLink founder Sky Dayton. It is a joint venture between SK Telecom (a South Korean CDMA mobile telecom) and EarthLink.

On January 26, 2005, EarthLink and SK Telecom announced to the media that they had entered into agreement to launch a new US mobile provider. This provider would operate as a mobile virtual network operator and would lease network capacity from Sprint.

Helio was acquired by Virgin Mobile in 6/08 for $38MM.

Financials

Date Type Amount Investors Valuation
01/01/05 Seed 440M SK Telecom, EarthLink Unknown

People