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Go Back   Cell Phones Forum > US Wireless Service providers > Helio

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  #1  
Old 07-27-2007, 01:49 PM
katy
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Default Helio $83.8M net loss while generating $33.2M in revenue

"Helio, EarthLink’s joint wireless venture with SK Telecom, rang up an $83.8 million net loss in the second quarter while generating $33.2 million in revenue. The company said it is making investments in infrastructure, products and marketing to support future growth of Helio."

http://telephonyonline.com/home/news...2_loss_072607/

Can it survive with these kinds of losses, particularly since Earthlink is reporting losses overall with a loss of subscribers at Earthlink. Its not only this quarter , its the second quarter in a row.
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  #2  
Old 07-27-2007, 02:56 PM
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Join Date: May 2007
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ouch that hurts, on top 2nd quarter in a row. Lets find out how long they can take it.
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