March 20, 2001 |
Hundreds of thousands of e-mails sent by EarthLink Inc. customers to America Online Inc. accounts were rejected and lost over at least 10 days, EarthLink said Monday. An AOL spokesman said software designed to restrict junk e-mail, or spam, was to blame. After conferring Monday, the companies said the problem had been resolved.
May 10, 2000 |
Sprint Corp. plans to increase its stake in EarthLink Inc., the second-biggest U.S. Internet access provider, to nearly 27% by buying 26 million additional shares for $431 million. At $16.58 each, the purchase price is 2.5% below EarthLink's closing price Monday. EarthLink shares rose $1.44, or 8%, Tuesday to close at $18.44 on Nasdaq. Sprint originally owned 29% of EarthLink, though that was cut in half when Pasadena-based EarthLink merged with MindSpring Enterprises Inc. in February.
June 27, 2001 |
EarthLink Inc. said Tuesday it is raising the monthly price of its basic, unlimited dial-up service $2 to $21.95, a month after rival America Online Inc. increased its rates. The price increase, the first in EarthLink's history, came earlier than expected and bodes well for the company's financial performance, Goldman Sachs analyst Anthony Noto said in a research note. EarthLink rose $1.56, or 13%, to $13.83 on Nasdaq.
May 21, 2001 |
Investors who gave money to fallen investment manager Reed E. Slatkin already are looking for ways to recoup their expected losses through lawsuits--but they're finding few obvious targets, investor attorneys said.
November 16, 2000
Hughes Electronics Corp.'s network systems unit will provide satellite Internet services to EarthLink Inc. in a deal that will expand EarthLink's Internet coverage in rural areas. The agreement adds satellite services to EarthLink's digital subscriber lines, cable and wireless Internet delivery options. . . . EToys said it secured a $40-million revolving credit from Foothill Capital Corp. of Santa Monica, giving it sufficient funds to last to the end of June.
February 8, 2008 |
Internet service provider EarthLink Inc. said it would sell its citywide wireless network, which operates in Anaheim and other cities nationwide, to help revive profit after six straight quarterly losses. The Atlanta-based company valued its Wi-Fi unit at $40 million in November when it announced plans to examine options for the network. EarthLink is approaching "a variety" of potential buyers, Chief Executive Rolla Huff said.