SK Telecom and Earthlink form Venture

SK Telecom and Earthlink form Venture

U.S. Internet services provider EarthLink Inc. and South Korea's SK Telecom have finalized the terms of their joint venture deal, forming SK-EarthLink. The new venture will be funded with $440 million of partner investments over the next three years. SK-EarthLink plans to start reselling mobile phone services and CDMA EV-DO high speed data handsets in the third quarter of 2005. Although Sprint is rumored as the "main partner”, SK-EarthLink still hasn't officially announced which wireless network providers they will work with.

 

 

source:

Reuters

 

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