Feb 08
Filed under: Cellphones
It’s hardly been a secret that Helio was causing some problems for Earthlink, but the company’s CEO has just now weighed in himself on the matter, offering some comments on the situation and Helio’s now former CEO Sky Dayton in one of those always exciting earnings calls. As mocoNews reports, Earthlink’s Rolla Huff says the company “made hard decisions around getting our cost structure down,” including the “very difficult decision…to not continue making incremental investments in Helio.” Huff apparently laid none of the blame on Helio’s Sky Dayton, however, saying simply that “Sky has a history of creating and building strong brands and he’s done a great job at that with Helio,” and that they “very much appreciate his willingness to be involved in getting Helio to this point in its life cycle.” Of course, that was hardly the entire purpose of the call, and those concerned with the nitty gritty of earnings details can get their fix by hitting up the read link below.
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Source: Donald Melanson
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Jan 29
Filed under: Cellphones
Sky Dayton, founder and chairman of the phantasmagorical Helio, has announced that he’s stepping down as CEO to become president of the last-man-standing MVNO. Dayton will be replacing Jinwoo So, president of global business at SK Telecom (which shares ownership of the company with Earthlink), and Dayton himself will be replaced by Wonhee Sull, formerly the company’s president and COO. “Helio has reached a point in its development where I feel the timing is right for this change… As we have for the past three years, the two of us will continue to define Helio’s direction and future,” said Dayton. It’s possible that with the recent influx of cash (and increased ownership) from SK Telecom, and the dwindling marketshare of MVNOs, Sky’s taking the opportunity to get a little more control of his baby… and who can blame him?
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Source: Joshua Topolsky
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Jan 29
Filed under: Cellphones
Sky Dayton, founder and chairman of the phantasmagorical Helio, has announced that he’s stepping down as CEO to become chairman of the board of the last-man-standing MVNO. Dayton will be replacing Jinwoo So, as chairman of the board, while himself being replaced by Wonhee Sull, formerly the company’s president and COO. “Helio has reached a point in its development where I feel the timing is right for this change… As we have for the past three years, the two of us will continue to define Helio’s direction and future,” said Dayton. It’s possible that with the recent influx of cash (and increased ownership) from from its Korean parents and the dwindling marketshare of MVNOs meant that SK felt it was time to step in and get things on track.
Update: Lots of fun title inaccuracies going on up in here. See above for the latest, correct edits.
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Source: Joshua Topolsky
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