Comments on: SK Telecom agrees to fund up to $270 Million into Helio http://www.heliocity.net/2007/sk-telecom-agrees-to-fund-up-to-270-million-into-helio/ The Ultimate Resource for Everything Helio Thu, 07 Aug 2008 23:00:22 +0000 http://wordpress.org/?v=2.5.1 By: Anathoth http://www.heliocity.net/2007/sk-telecom-agrees-to-fund-up-to-270-million-into-helio/#comment-1129 Anathoth Fri, 28 Sep 2007 03:29:44 +0000 http://www.heliocity.net/2007/sk-telecom-agrees-to-fund-up-to-270-million-into-helio/#comment-1129 To look at it from a worst-case point of view, which is premature, but just hypothetically.. if Helio did fold, what would be the likelihood of possible reimbursement for the cost of the phone purchase? You buy the phone, then don't even get the two years out of the contract you signed. Since that sort of a cell-company crash doesn't happen often, at least in the U.S., is there any known legal precedent on that? To look at it from a worst-case point of view, which is premature, but just hypothetically.. if Helio did fold, what would be the likelihood of possible reimbursement for the cost of the phone purchase? You buy the phone, then don’t even get the two years out of the contract you signed. Since that sort of a cell-company crash doesn’t happen often, at least in the U.S., is there any known legal precedent on that?

]]> By: Lordneeko http://www.heliocity.net/2007/sk-telecom-agrees-to-fund-up-to-270-million-into-helio/#comment-1122 Lordneeko Thu, 27 Sep 2007 13:32:12 +0000 http://www.heliocity.net/2007/sk-telecom-agrees-to-fund-up-to-270-million-into-helio/#comment-1122 @Laci Mini Symbol Price Change Mkt Cap S 18.70 0.00 (0.00%) 53.23B ELNK 8.02 0.00 (0.00%) 991.78M SKM 29.40 0.00 (0.00%) 19.23B It seems to me that 53.23 Billion is greater than 19.23 Billion. But what would I know about math, i'm just an engineer. Helio seriously is hemoraging money. I think there is a great potential for it to turn around but it will require focusing on more than just Niche markets. There is nto enough money out there to pay for the huge prices that Sprint charges for Helio to use its towers. Sprint is a huge company and the only wireless company bigger right now is Verizon. Unless Helio gets some extra provisions from Sprint for cheaper service, or all the great data services that Helio offers gets introduced elsewhere causing price drops, Helio isn't going to make it with its current customer base. Don't get me wrong, I love my Ocean. But I'm nto paying $2.99 a day or a month for stupid little applications or games. Other companies let to BUY applications and games. What a concept? Oh, and Helio needs to seriously work on their Operating systems too. My Ocean is so buggy it has to be restarted at least once a day. that's not a good feature to a Niche market who generally uses their Cell Phone as their ONLY home phone. If I am in an emergency, I don't have time to wait for the phone to unfreeze and decide to do what i tell it to do. And I think it wont get any better because helio is focusing on getting more and more phones out instead of fixing the problems with the ones that are out. In Summary: I HOPE Helio makes it, because i love the service and the coverage. But I just don't see it making it through my entire 2 year contract. @Laci Mini

Symbol Price Change Mkt Cap
S 18.70 0.00 (0.00%) 53.23B
ELNK 8.02 0.00 (0.00%) 991.78M
SKM 29.40 0.00 (0.00%) 19.23B

It seems to me that 53.23 Billion is greater than 19.23 Billion. But what would I know about math, i’m just an engineer. Helio seriously is hemoraging money. I think there is a great potential for it to turn around but it will require focusing on more than just Niche markets. There is nto enough money out there to pay for the huge prices that Sprint charges for Helio to use its towers. Sprint is a huge company and the only wireless company bigger right now is Verizon. Unless Helio gets some extra provisions from Sprint for cheaper service, or all the great data services that Helio offers gets introduced elsewhere causing price drops, Helio isn’t going to make it with its current customer base. Don’t get me wrong, I love my Ocean. But I’m nto paying $2.99 a day or a month for stupid little applications or games. Other companies let to BUY applications and games. What a concept? Oh, and Helio needs to seriously work on their Operating systems too. My Ocean is so buggy it has to be restarted at least once a day. that’s not a good feature to a Niche market who generally uses their Cell Phone as their ONLY home phone. If I am in an emergency, I don’t have time to wait for the phone to unfreeze and decide to do what i tell it to do. And I think it wont get any better because helio is focusing on getting more and more phones out instead of fixing the problems with the ones that are out.

In Summary: I HOPE Helio makes it, because i love the service and the coverage. But I just don’t see it making it through my entire 2 year contract.

]]> By: MR. ADAM http://www.heliocity.net/2007/sk-telecom-agrees-to-fund-up-to-270-million-into-helio/#comment-1114 MR. ADAM Mon, 24 Sep 2007 20:59:46 +0000 http://www.heliocity.net/2007/sk-telecom-agrees-to-fund-up-to-270-million-into-helio/#comment-1114 @Laci Mini w00t! @Laci Mini

w00t!

]]> By: Laci Mini http://www.heliocity.net/2007/sk-telecom-agrees-to-fund-up-to-270-million-into-helio/#comment-1110 Laci Mini Sun, 23 Sep 2007 17:17:14 +0000 http://www.heliocity.net/2007/sk-telecom-agrees-to-fund-up-to-270-million-into-helio/#comment-1110 @your_mom Earthlink doesn't have an extra $270 mil just laying around. They're a struggling company, who is trying to reinvent itself through city wide WiFi contracts (which aren't exactly panning out). SKTelecom on the other hand, has lots and lots of money. And more importantly, they have lots and lots of interest in carving their niche into the U.S. wireless market. They could easily buyout Sprint if they so desired. So, I wouldn't take Earthlink not being able to dump another $270m after their proposed $100m a few months back as them "backing out" of Helio. Even if they do, SKT isn't going to let this one go. @your_mom

Earthlink doesn’t have an extra $270 mil just laying around. They’re a struggling company, who is trying to reinvent itself through city wide WiFi contracts (which aren’t exactly panning out). SKTelecom on the other hand, has lots and lots of money. And more importantly, they have lots and lots of interest in carving their niche into the U.S. wireless market. They could easily buyout Sprint if they so desired.

So, I wouldn’t take Earthlink not being able to dump another $270m after their proposed $100m a few months back as them “backing out” of Helio. Even if they do, SKT isn’t going to let this one go.

]]> By: MR. ADAM http://www.heliocity.net/2007/sk-telecom-agrees-to-fund-up-to-270-million-into-helio/#comment-1109 MR. ADAM Sun, 23 Sep 2007 09:36:49 +0000 http://www.heliocity.net/2007/sk-telecom-agrees-to-fund-up-to-270-million-into-helio/#comment-1109 Luke, not yet we don't ;) Luke, not yet we don’t ;)

]]> By: your_mom http://www.heliocity.net/2007/sk-telecom-agrees-to-fund-up-to-270-million-into-helio/#comment-1105 your_mom Sat, 22 Sep 2007 17:01:20 +0000 http://www.heliocity.net/2007/sk-telecom-agrees-to-fund-up-to-270-million-into-helio/#comment-1105 lets not forget the other part of this news release...Earthlink is completely backing out of it's contract with Helio and is not pumping any more money into Helio. Earthlink predicts Helio will lose $320 million this year and those crafty folks at the Wall Street Journal confirm this. Dont believe me? Go to google and do a news search for Helio and you can see for yourself. Dont get me wrong, I love my Drift and hope Helio sticks around...but man they sound like a fish out of water lately and need to do some serious marketing or lowering of their subscriber prices. TMobile is about to start offering MySpace mobile and their monthly fees for usage is way cheaper than Helio's. Come on Helio, open your eyes! lets not forget the other part of this news release…Earthlink is completely backing out of it’s contract with Helio and is not pumping any more money into Helio. Earthlink predicts Helio will lose $320 million this year and those crafty folks at the Wall Street Journal confirm this. Dont believe me? Go to google and do a news search for Helio and you can see for yourself. Dont get me wrong, I love my Drift and hope Helio sticks around…but man they sound like a fish out of water lately and need to do some serious marketing or lowering of their subscriber prices. TMobile is about to start offering MySpace mobile and their monthly fees for usage is way cheaper than Helio’s. Come on Helio, open your eyes!

]]> By: Luke http://www.heliocity.net/2007/sk-telecom-agrees-to-fund-up-to-270-million-into-helio/#comment-1103 Luke Sat, 22 Sep 2007 03:14:14 +0000 http://www.heliocity.net/2007/sk-telecom-agrees-to-fund-up-to-270-million-into-helio/#comment-1103 Willie, Helio is an MVNO. We run primarily off of Sprint's towers. We don't control the network. Willie, Helio is an MVNO. We run primarily off of Sprint’s towers. We don’t control the network.

]]> By: cordsweat http://www.heliocity.net/2007/sk-telecom-agrees-to-fund-up-to-270-million-into-helio/#comment-1101 cordsweat Sat, 22 Sep 2007 01:09:06 +0000 http://www.heliocity.net/2007/sk-telecom-agrees-to-fund-up-to-270-million-into-helio/#comment-1101 Wow...Being a Helion myself, I love seeing this. Gives me some peace of mind. Helio...It's the first successful MVNO. Wow…Being a Helion myself, I love seeing this. Gives me some peace of mind. Helio…It’s the first successful MVNO.

]]> By: Louis http://www.heliocity.net/2007/sk-telecom-agrees-to-fund-up-to-270-million-into-helio/#comment-1099 Louis Fri, 21 Sep 2007 21:12:42 +0000 http://www.heliocity.net/2007/sk-telecom-agrees-to-fund-up-to-270-million-into-helio/#comment-1099 woo, does this mean faster and better improvements to our service? woo, does this mean faster and better improvements to our service?

]]> By: willie http://www.heliocity.net/2007/sk-telecom-agrees-to-fund-up-to-270-million-into-helio/#comment-1098 willie Fri, 21 Sep 2007 20:38:53 +0000 http://www.heliocity.net/2007/sk-telecom-agrees-to-fund-up-to-270-million-into-helio/#comment-1098 so with funding like this, will they be putting up more towers? and 3g networks? because i rarely even have service at my house so with funding like this, will they be putting up more towers? and 3g networks? because i rarely even have service at my house

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