All change at Helio as CEO steps down
It’s all change at Helio, the lovechild of Earthlink and SK Telecom, with Sky Dayton has moving from the CEO position to non-executive chairman of the board, and Wonlee Sull switching from president and COO to the job of CEO. Sull has previously worked at head of the Platform R&D Center at SK Telecom.
Helio hasn’t had it easy in recent times, following Earthlink’s decision to stop funding the MVNO last year after it posted a net loss of $92 million in the third quarter and SK Telecom stepped in with its cheque book to the tune of $270 million.
With the change of leadership, Helio has revealed some stats on its performance. The operator now has “nearly” 200,000 subscribers and an ARPU of $85, $35 more than the industry average. Helio also said 95 percent of its users access the internet through their mobiles and send an average of 550 texts a month.While the words “US MVNO” can’t help but conjure a battlefield littered with the corpses like ESPN and Disney Mobile, Helio’s stats hopefully indicate that the company is actually getting hold of the data-hungry customers it always promised it would.
