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  • EarthLink eyeing AOL's dial-up business

    Posted Aug 20 2008, 10:14 AM by Kim Peterson
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    Time Warner plans to separate AOL's dial-up business from the rest of the company next year. The next step would be to sell it off, and EarthLink is the most likely buyer. But is it in EarthLink's best interest to invest in a dying business?

    EarthLink CEO says that buying AOL's business is a possibility, according to the Wall Street Journal. The buy would allow EarthLink to scale up the business, which means more cash and opportunities to cut costs. Already, EarthLink's ongoing cost-cutting has lifted its share price from $7 a year ago to $9.09 today.   Read More...

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  • Citywide Wi-Fi goes bust

    Posted May 14 2008, 11:06 AM by Kim Peterson
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    Citywide Wi-Fi networks sound like a fantastic idea. Take your laptop with you to the park or the grocery store. Drop your home Internet connection. Look up directions in your car (parked, of course). More than 150 U.S. cities planned to roll out municipal Wi-Fi at one point, but the reality is setting in: these networks don't work.

    Latest case in point: EarthLink, which is shutting down its Philadelphia Wi-Fi network in 30 days. Earthlink even tried to give away the network, but couldn't reach a deal with anyone. Too bad for EarthLink, which plunged deep into the municipal Wi-Fi business when its dial-up revenue fizzled. Shares dropped after the announcement, but have climbed nearly 3% today to $9.36.   Read More...

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