said by jc100
:Reworking their venture. In political speak, we'll keep shelling out more money for your lost cause, just our name won't be the one everyone sees. In the mean time, we'll continue to lay off more employees so we can foot this bill. How's another 10,000 sound?
Let's face it, SK Telecom probably wants to liquidate their claim too. I hardly see them jumping at the opportunity to buy a greater stake in a lost cause. Then again, this is the business world where dumb leaders make bad decisions every day.
Huh? SK Telecom is investing $270 million more into Helio. Furthermore, they're renegotiating their stake in Helio with Earthlink.