http://www.gadgetreview.com/2006/09/helio-store-spotted-in-santa-monica-ca.html Your Source for Gadget News, Reviews and Deals Sat, 11 Feb 2012 22:16:00 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://www.gadgetreview.com/2006/09/helio-store-spotted-in-santa-monica-ca.html/comment-page-1#comment-15829 Helio Making Money, but How Much - Gadget Review Tue, 17 Oct 2006 07:58:21 +0000 http://www.gadgetreview.com/2006/09/helio-store-spotted-in-santa-monica-ca.html#comment-15829 [...] No doubt you’ve heard the rumors about Helio: “Its biggest backer - SK Telecom - was pulling out, and that Helio wasn’t making any money.”  According to Business Week Helio has reported earning about $100 a month per user - on par with other MVNOs (mobile virtual network operators).  Unfortunately, we don’t know how many users Helio has, but given that Cingular and Verizon report average revenue per user to be $50 a month, we’d say their in a pretty good position to rake in some cash.  Course you gotta factor in the fact that Helio is still an MVNO; meaning they have to pay some hefty fees to Sprint or Verizon for use of their “lines”.  I’ll have to get down to 3rd St here in Santa Monica and see if they opened up their store yet. [...] [...] No doubt you’ve heard the rumors about Helio: “Its biggest backer – SK Telecom – was pulling out, and that Helio wasn’t making any money.”  According to Business Week Helio has reported earning about $100 a month per user – on par with other MVNOs (mobile virtual network operators).  Unfortunately, we don’t know how many users Helio has, but given that Cingular and Verizon report average revenue per user to be $50 a month, we’d say their in a pretty good position to rake in some cash.  Course you gotta factor in the fact that Helio is still an MVNO; meaning they have to pay some hefty fees to Sprint or Verizon for use of their “lines”.  I’ll have to get down to 3rd St here in Santa Monica and see if they opened up their store yet. [...]

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