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Helio Closing Doors And Selling Out To Virgin?

Should We Say Sayonara to Helio? Maybe Not Just Yet

Rumors were swirling this week about the future of Helio. Two to be exact. First, that the Mobile Virtual Network Operator will be closing all of its retail stores in preparation of a buyout by Virgin Mobile, and that we should expect an official announcement this week of the final takeover. I contacted my local Helio store to get the details and although the number to the store was invalid (strange), after being connected through customer service, I was assured that Helio wasn't going anywhere.

And in a final attempt to kick the rumors to the curb, SK Telecom (Helio's parent company) released a statement yesterday, calling the rumors "groundless" and they are sticking by Helio till the death. However, SK Telecom did say that Helio and Virgin were in "early talks" on a deal for the US market. So just to stay on the safe side, maybe you should hold off on those plans to swoop up the new iPhone and bow out of your Helio contract (ETF free) for just a while longer!

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