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Helio, Virgin Mobile USA in Merger Talks
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MVNOs Helio and Virgin Mobile USA have indicated that they are in preliminary merger discussions. Both MVNOs have faced difficulties in making subscriber gains. SK Telecom, which owns a controlling share of Helio, has been considering what to do with the small player. Since both MVNOs run on Sprint's network, there is some common ground for them to build a relationship on. Because the talks are in such early stages, both companies are still weighing a number of options.
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