Warren, N.J. - Virgin Mobile USA, the wireless telecom services provider, has signed a deal to acquire Helio, a wireless services joint venture between EarthLink (NASD: ELNK) and SK Telecom, for about $39 million in Virgin Mobile stock. Helio has about 170,000 existing subscribers with an average revenue per user of about $80, and a handset inventory of about 85,000 units with a book value of about $17 million.

Atlanta - According to published reports on Wednesday, South Korea-based SK Telecom and Virgin Mobile USA are in strategic negotiations regarding Helio, SK's wireless services joint venture with EarthLink, as well as other business assets in the U.S.

Los Angeles - Virgin Mobile USA on Wednesday announced a ringtone promotion with fast food chain Burger King and Warner Music Group (NYSE: WMG), to create a "Virgin Mobile Ringtone Value Menu" that will offer a selection of ringtones for just $1 each. Artists whose songs are included in the promotion include Flo Rida, Mana, Buckcherry, Estelle and War.

Warren, N.J. - Virgin Mobile USA, a mobile virtual network operator joint venture between U.K. billionaire Richard Branson's Virgin Group and Sprint Nextel, has filed to raise up to $100 million in an initial public offering on the NYSE.

Los Angeles - Japanese video game publisher Capcom Interactive announced on Thursday an agreement with mobile network operator Virgin Mobile USA, to act as the sole aggregator and manager of WAP game titles on its network. Titles offered on the Games Lite channel include "Shade," "Who Wants To Be A Millionaire" and "Dope Warz."