Virgin Mobile USA, Inc. acquires Helio LLC

On June 27, 2008, Virgin Mobile USA, Inc. acquired Helio LLC, a communications company in California, United States, from SK Telecom Co. Ltd.

Deal at a glance

AnnouncedJune 27, 2008 TypeDivestiture TargetHelio LLC Buyer Virgin Mobile USA, Inc. Seller SK Telecom Co. Ltd. SectorCommunications LocationCalifornia, United States ValueNot disclosed

Target company

Helio LLC

California, United States

Communicationssector

-founded

Activestatus

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Buyer

Virgin Mobile USA, Inc.

Company · 1 deal on record

1st transaction in communications
1st transaction in United States

1deals, all time

1in this sector

2008latest

Seller

SK Telecom Co. Ltd.

Company · 10 deals on record

10investments

3in this sector

3exits

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Co-investors and the other advisors on this deal

Deal value and revenue or EBITDA multiples

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Questions about this deal

Who acquired Helio LLC?Virgin Mobile USA, Inc. acquired Helio LLC on June 27, 2008.

Who sold Helio LLC?SK Telecom Co. Ltd. was the seller.

What type of deal was it?It was a divestiture in the communications sector in 2008.

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