Earthlink news from FierceWireless
NewsVirgin closes Helio deal
Virgin Mobile USA completed its planned acquisition of Helio. Helio shareholders SK Telecom and Earthlink have received shares and limited partnership units equivalent to 13 million shares of Virgin Read more...
Investor group takes over Philly WiFi network
Philadelphia Mayor Michael Nutter and Wireless Philadelphia officially announced today that they have reached an agreement with a local investor group called Network Acquisition Company LLC (NAC) to Read more...
Philly gets 11th hour WiFi save
Philadelphia's mayor is expected to announce today the 11th-hour save of the city's muni-WiFi network, which was shut down by EarthLink. According to industry analyst Craig Settles, head of Read more...
MetroFi considers sale and end to muni-WiFi projects
The shakeout continues in the muni-WiFi market as MetroFi indicated it is mulling a sale and ending its muni-WiFi initiatives in the nine cities where it operates WiFi networks. Like EarthLink, Read more...
It's official: Virgin Mobile USA is in talks with HelioAfter a week of speculation and rumors about a possible tie-up between Virgin Mobile USA and SK Telecom's MVNO Helio, Virgin Mobile has finally come forward and announced that the two are in Read more... No deal: Earthlink pulls plug on Philly WiFiFollowing up on our report earlier this week, Earthlink has pulled the plug on its $17 million municipal WiFi network in Philadelphia after failing to reach an agreement with the city to take over Read more... Earthlink to Philly: We will pull the plug
Earlier this year Earthlink announced that it was no longer interested in the municipal WiFi business, but after investing $20 million in a metro-wide WiFi network project in Philadelphia back in Read more...
Helio: Losses up, revenue up too
Mobile virtual network operator Helio continues to hemorrhage cash...but on the bright side, its 2007 revenues increased 264 percent over the previous year. In its Read more...
Earthlink lost $111.3M on Helio last year
Because Earthlink reduced its investment in Helio, which it co-owns with SK Telecom, to zero during the third quarter of last year, the company will no longer record its share of the MVNO's net loss. Read more...
Helio CEO Sky Dayton steps down
Mobile virtual network operator Helio announced that founding CEO Sky Dayton has resigned his post, with president and COO Wonhee Sull named as his replacement. Dayton was appointed non-executive Read more...
| Press ReleasesNew Edge First to Offer MPLS Classes of Service Over DSL NetworksEarthLink Announces Third Quarter Earnings ATLANTA, Oct. 25 /PRNewswire-FirstCall/ -- EarthLink, Inc. (Nasdaq: ELNK) today announced financial results for its third quarter ended September 30, 2007. Highlights include: -- Revenue of $298.8 Read more... EARTHLINK CONFIRMS PRELIMINARY AGREEMENT FOR SK TELECOM TO FUND UP TO $270 MILLION IN HELIO JOINT VENTUREATLANTA, September 21, 2007 — EarthLink, Inc. (NASDAQ: ELNK) today confirmed the announcement by SK Telecom (NYSE: SKM) that the South Korean company will invest up to $270 million in Helio, their Read more... EarthLink Confirms Preliminary Agreement for SK Telecom to Fund Up to $270 Million in Helio Joint Venture ATLANTA, Sept. 21 /PRNewswire-FirstCall/ -- EarthLink, Inc. today confirmed the announcement by SK Telecom that the South Korean company will invest up to $270 million in Helio, their wireless voice Read more... Press Release: EarthLink Announces Additional Funding to HELIO Joint VentureEarthLink Announces Additional Funding to HELIO Joint Venture ATLANTA, July 25 -- EarthLink, Inc. today announced that EarthLink and SK Telecom have entered into a lending arrangement with HELIO, Read more... |
