Remember Helio, the MVNO that operated on Sprint’s network back in 2006? We barely do ourselves — but it’s back anyway.

For reasons unclear, Ubi Telecom, a mobile company that focuses on Korean-speaking Americans, is betting that Helio can make a successful comeback. The zombie carrier will operate on Sprint’s network, just like before, and will also have a roaming agreement with Verizon Wireless. Helio’s $29 per month rate plan will get you unlimited talk, text and data — sounds great right? Except that Ubi also seems to believe that customers are nostalgic for the days of dial-up Internet, because Helio will cap data speeds at 128kbps — so you can wave goodbye to any thoughts of streaming music or video.

On the hardware front, you…

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