Helio

As part of the Virgin Mobile Shuttle launch earlier Wednesday morning, Virgin Mobile has also relaunched the Helio brand. Now known as Helio by Virgin Mobile, Virgin Mobile has enhanced the Helio $80 a la carte plan to include unlimited minutes as a replacement for the 1,500 minutes previously provided. This new plan will be available for both current and new Helio members.

In addition to all this, Virgin Mobile representatives told us they are looking forward to incorporating more of Helio's previous offerings into their current lineup. The Shuttle already has the location-based feature with applications like … Read more

Well, it finally happened. Less than two months after Virgin Mobile USA made its move to purchase Helio, the acquisition is now official. Virgin Mobile USA paid $39 million in stock for the nascent MVNO, and as part of the purchase, Virgin Group and SK Telecom will each invest $25 million in the combined company, as we reported back then. It'll be interesting to see how the two companies mesh their brands--Virgin Mobile is known for its cheap prepaid phones, while Helio is almost the exact opposite, known mostly for its high-end monthly subscription devices.

Certainly, there's a … Read more

Virgin Mobile USA will pay $39 million in stock to buy operator Helio, the company said Friday.

The deal ends more than a month of speculation that the two troubled mobile virtual-network operators would combine forces.

As part of the purchase, Virgin Group, which owns Virgin Mobile USA, and SK Telecom, the South Korean phone giant that holds a majority stake in Helio, will each invest $25 million in the combined company. In exchange for its investment, SK Telecom will be given a 17 percent stake in Virgin Mobile.

Helio, which was created to bring advanced cell phones and services to the U.S. market, … Read more

UPDATE: This story was updated at 3:00 p.m. PDT with comments from Helio about its retail strategy and merger talks with Virgin Mobile USA.

Virgin Mobile USA is expected to announce a deal to acquire fellow mobile virtual network operator Helio as early as this week, according to a story in The Financial Times.

The report cites sources close to the companies that say Virgin Mobile and Helio's majority owner South Korean cell phone operator SK Telecom have agreed in principle to a deal. As part of this deal, Helio's subscribers will become Virgin Mobile USA-branded … Read more

It looks like a few details have slipped about Helio's probable successor to the Ocean, currently dubbed the Ocean 2. From Engadget Mobile, the Helio Ocean 2 is purported to have a 3-megapixel camera, a dual-slider design like the first Ocean, 1GB internal storage, Flash support in the browser, 30fps video recording, a touch-sensitive pad, a microSD card slot, plus PC sync capability. Obviously, this is still strictly in vaporware/rumor stage, but it's exciting to see if Helio can pull this one off; perhaps even before the iPhone release?

AUSTIN, Texas--"It's like a great big grilled cheese sandwich machine."

That's how solar power company HelioVolt's vice president of marketing and sales, John Langdon, describes the company's pilot line for CIGS thin-film photovoltaics, a technology that a raft of companies are betting on to lower the cost of solar energy.

"You have the Gruyere cheese on one side and the Swiss cheese on the other; we make them react with one another and stick on the bread," Langdon continued when CNET News.com visited the company's headquarters in Austin.

Replace … Read more

Virgin Mobile USA and Helio have confirmed that they are in early stages of talks to merge the companies.

On Tuesday Virgin Mobile issued a statement that the two companies were in talks, and a Helio spokesman confirmed the news. The company has been rumored to be in talks over a merger since last week.

"These discussions are in early stages and there are no assurances that any transaction will result," Rick Heineman, a spokesman for Helio said in an email. "We will not have additional comments unless an agreement is reached."

Virgin Mobile USA and … Read more

Solar upstart HelioVolt on Monday will announce that it has reached 12.2 percent efficiency with its CIGS solar cells, setting another mark in the race against competitors and silicon.

Company CEO BJ Stanbery will present a paper at the IEEE Photovoltaics Specialists Conference where he will disclose the efficiency threshold which HelioVolt has reached in its labs. The well-financed company expects it can go much further in converting light to electricity.

More significant than the actual number is the fact that HelioVolt hit 12 percent efficiency with its manufacturing process, which it says can turn out a cell in … Read more

Virtual cell phone operators Virgin Mobile USA and Helio are rumored to be in merger talks, a move that could bring a lot of benefits to both companies.

The tie-up between the two MVNOs, or mobile virtual network operators, was first reported Thursday by the wireless blog MocoNews. According to the blog, SK Telecom, one of Helio's parent companies, would buy out Virgin Mobile USA and then Virgin Mobile would buy Helio in an all-stock transaction.

As the economy tightens and other larger wireless carriers look to consolidate, it makes sense for these smaller players, who essentially resell service … Read more