Virgin Mobile USA has finally laid down the full payment for Helio.

After this acquisition wherein Virgin Mobile paid a total of 13 million in common shares amounting to US$ 38M, its stock is now for trade at US$ 2.72. Moreover, both the telecom and Virgin Group will pool a total sum of US$25M to invest into Virgin Mobile USA for preferred stock. As a result of this agreement, SK Telecom will be given two seats on Virgin’s list of board of directors.