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Virgin Mobile Admits To Merger Talks With SK Telecom

Recent rumors concerning mergers and two little companies called Virgin Mobile USA and SK Telecom (parent of Helio) were forcefully squashed by SKT, who called the topic "groundless."

This led quite naturally to the contradictory announcement by Virgin Mobile USA that the two companies are indeed involved in "preliminary discussions" of "possible strategic opportunities."

Diametrically opposed statements? Vague, unhelpful PR lingo? Smells like business as usual to me - expect to hear more about this over the next few weeks and months. Also, expect not to hear anything about this over the next several months and weeks. Welcome to America: for more unenlightening doublespeak, please enjoy our presidential race, our news media, and our celebrity culture coverage!

Bring money.

Virgin Mobile USA Confirms Early Talks With SK Telecom [MocoNews]
[story and picture via Engadget]