ROK's acquisition of Xero officially now a vapor-acquisition

Chris Ziegler
C. Ziegler|02.29.08

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ROK's acquisition of Xero officially now a vapor-acquisition
We certainly can't give Xero Mobile credit for launching any actual product -- because they haven't -- but we're all about giving credit where credit is due, and in Xero's case, we've gotta hand it to 'em for continuing the magnificent vaporware parade for as long as they have. It's now been nearly 14 months since the ad revenue-supported MVNO had originally claimed to be targeting a launch, and as far as we can tell, they're still doing something behind the scenes; that "something" may have absolutely nothing to do with actually launching, but hey, announcing partnerships and potential acquisitions must pay the bills, we suppose. Speaking of potential acquisitions, suitor ROK Entertainment has unceremoniously dropped its bid this week without giving any rhyme or reason, leading us to wonder where this leaves Xero's liquidity -- do they have enough money to continue trying to sell themselves, let alone launch an MVNO?
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