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Entries from July 1, 2007 - July 31, 2007

Wednesday
Jul252007

EarthLink Announces Additional Funding for Helio

Source: EarthLink Press Release

EarthLink (Nasdaq:ELNK) today announced that EarthLink and SK Telecom (NYSE:SKM) have entered into a lending arrangement with HELIO, their wireless voice and data services joint venture, whereby each could provide up to $100 million in additional funding to HELIO, subject to future approval of funding requirements.  EarthLink and SK Telecom have each approved initial funding of $30 million, to be made on or about July 27, 2007. EarthLink and SK Telecom had each previously announced that HELIO would require additional funding in 2007.

Tuesday
Jul102007

EarthLink Launches New Freestanding DSL

Source: EarthLink Press Release

Consumers have a new way to lower their monthly bills, thanks to EarthLink’s (Nasdaq:ELNK) Freestanding DSL service, now available in select locations nationwide.

Freestanding DSL lets consumers receive high–speed Internet access without having to purchase local telephone service from their phone company. This benefits consumers who want to purchase Internet service without the added cost of local phone company charges.

"Up until now, many consumers wanting to purchase DSL without the cost of a local phone line had no cost–effective solution," said Kevin Brand, senior vice president of access at EarthLink. "No longer – Freestanding DSL is a perfect solution for cord–cutters who want more choice and lower monthly bills.".

Prices for EarthLink Freestanding DSL start at $14.95 a month for up to 1.5 Mbps of highspeed Internet. For up to 3.0 Mbps of high–speed access, prices start at $19.95 for Freestanding DSL.

EarthLink’s initial Freestanding DSL offering is available in Verizon territory, including parts of California, Florida, Illinois, Indiana, Maine, Maryland, Massachusetts, Michigan, New Hampshire, New York, New Jersey, North Carolina, Oregon, Pennsylvania, Rhode Island, Texas, Washington state, Vermont, Virginia, Washington, D.C., West Virginia and Wisconsin.