SK Telecom says no to MVNO merger

12 May 2008

SK Telecom of South Korea has denied reports saying it is in talks with Virgin Mobile USA over a possible merger between Virgin and SK Telecom’s US mobile virtual network operator (MVNO) Helio. SK Telecom spokeswoman Mina Ryu told Dow Jones: ‘We’re not in any sort of talks with Virgin Mobile.’ She added: ‘We’re committed to Helio.’

United States, SK Telecom (SKT)