Helio LLC likely to have 100,000 subscribers by April

Helio LLC likely to have 100,000 subscribers by April

Helio LLC has said in a statement that they are aiming to reach a subscriber base of 100,000 by April this year. The company added that they are now generating monthly revenue at a rate exceeding $100 million per year.

The company also launched a music store offering wireless downloads for $1.99 per song.

Chief Executive Sky Dayton added in a statement that they had ended last year with a subscriber base of about 70,000 customers.

He claimed that they are seeing growth in the rate of new subscribers joining their services.

He said: “It’s been ramping month after month. I’ve been involved in a lot of startups, and to see that sort of velocity (in revenue) is very very encouraging.”

However, Dayton did not reveal the figures they need to hit to reach profitability in their operations.