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Wild Rumors Flying About Helio Store Closures And Potential Virgin Mobile Tie-Up

This story was written by Tricia Duryee.


A slew of rumors about Helio and Virgin Mobile (NYSE: VM) are emerging this afternoon ... none of these seem to be vetted for truthfulness, but that hasn't stopped a parade of bloggers from following a post by Engadget, which reports that Helio's stores are closing, SK Telecom (NYSE: SKM) is backing out of Helio, and despite there being no actual merger, Helio customers will soon be transferred over to Virgin Mobile's network. At this point, none of these rumors appear to be true. I've called a couple of the stores, and they answer the phone More at mocoNews


By Tricia Duryee

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