There had been rumors that Virgin Mobile would be buying out Helio and now it’s official. They bought out Helio for $39 million. That price tag does include Helio’s customers as well. Virgin Mobile also made an additional strategic investment which totalled $50 million by Virgin Group and SK Telecom ...

the influential Californian pension fund, have emerged as some of the maiden investors in Virgin Group's first green investment fund. Sir Richard Branson, Virgin's founder, pledged to invest $3bn in alternative energy projects over a decade in September 2006 and last year