August 20, 2002
* EarthLink Inc. plans to offer its subscribers software to block Internet pop-up advertisements. The Atlanta-based Internet service provider also will block so-called pop-under ads. Shares rose 56 cents to $6.63 on Nasdaq. * Cingular Wireless, the second-biggest U.S. mobile-telephone company, will let users nationwide keep unused monthly minutes. The joint venture of SBC Communications Inc. and BellSouth Corp. is the first U.S. mobile-phone service to offer a national rollover plan.
June 11, 2002 |
EarthLink Inc., the third-largest U.S. Internet service provider, agreed to buy PeoplePC Inc., a provider of discount Internet connections, to add subscribers. EarthLink agreed to pay 1.71 cents for each PeoplePC share, which would be about $10 million. That's less than PeoplePC's closing price Friday of 10 cents. EarthLink also would assume about $35 million in liabilities. Shares of Atlanta-based EarthLink fell 15 cents to $6.
October 30, 2002 |
EarthLink Inc. said Thursday that its net loss narrowed substantially in the third quarter as a surge in sales of high-speed Internet access offset declining sales of slower dial-up service. The No. 3 Internet service provider said cost controls also helped pare its net loss to $30.1 million, or 20 cents a share, from a loss of $84.4 million, or 62 cents, a year earlier. Revenue in the three months ended Sept. 30 rose 7% to $340.7 million from $319 million.
January 6, 2007 |
EarthLink Inc. and Google Inc. have finalized a four-year deal to provide free wireless Internet service throughout San Francisco after seven months of sometimes-tense negotiations that stalled the city's effort to ensure all its residents, visitors and businesses have easy access to the Web. San Francisco Mayor Gavin Newsom signed off on the contract Friday, but the details still require the approval of the city's Board of Supervisors and Public Utilities Commission.
February 10, 2006 |
EarthLink Inc., the No. 4 U.S. Internet access provider, said fourth-quarter profit declined 18% as it lost dial-up customers to rivals. Net income declined to $29.2 million, or 22 cents a share, from $35.6 million, or 23 cents, a year earlier. Sales fell 7.5% to $312.6 million, Atlanta-based EarthLink said. EarthLink shares fell 17 cents to $11.11.
April 6, 2006 |
Google Inc.'s bid to blanket San Francisco with a free wireless Internet service cleared a major hurdle Wednesday when a city panel identified the Internet search engine leader and EarthLink Inc. as the best candidates to complete the ambitious project. The recommendation, completing a six-week review, clears the way for the city to begin final negotiations with Google and EarthLink, which decided to work together this year after initially bidding against each other.