Helio - the ailing US mobile arm of South Korea's SK Telecom - has finally completed its buy-out deal with Virgin Mobile US.

A $39 million offer was made in June for the "mobile virtual network operator", which has consistently suffered from...

Virgin Mobile USA has confirmed its plans to buy Helio, the US mobile arm of South Korea's SK Telecom.

A $39 million offer has been made and the deal is expected to close in the third quarter of 2008.

Both companies are "mobile...