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story category Earthlink Earnings Fall
51 percent to $16.4 million
(old news - 09:03AM Thursday Apr 20 2006)
While Earthlink may be branching out and seeing success in the muni-Wi-Fi business, it's not a huge money-maker yet - and the company is still burdened with watching dial-up customers migrate to other broadband options. "Earnings fell 51 percent to $16.4 million, or 12 cents per share, down from $33.3 million, or 22 cents per share, a year earlier. Revenue fell 8 percent to $309.7 million from $334.7 million," reports the Associated Press. Earthlink last quarter unveiled their new line powered voice technology and 8Mbps ADSL2+ bundle.

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TKJunkMail
Enjoy the sun
Premium
join:2002-03-03
Avalon, NJ
·Sprint Mobile Broa..
·Comcast

Earthlink still in financial trouble long term

If Earthlink is depending on making money from city-wide WiFi rollouts, they are probably in very deep trouble. While the free, ad-supported, slow public WiFi will get some users(mostly tourists and travelling business persons), the paid part for faster access is likely to be a profit loss for Earthlink unless speeds are greatly increased from where they are now. People just aren't going to pay more for 768/128 or 1500/256 WiFi than they can get from regular DSL providers at higher speeds.

Earthlink is doing everything possible to stay profitable, but the competition is much larger and better financed than they are. In the long run, they will probably sell out to a telco or cable or satellite competitor, whether they want to or not.
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brianiscool

join:2000-08-16
Miami, FL

Re: Earthlink still in financial trouble long term

Bye Bye Earthlink I'll miss you!
RadioDoc
58ef2c0
Premium,ExMod 2000-03
join:2000-05-11
·AT&T Midwest

They are about to lose another $1400/yr of long-term business from me (been with them for 10 years) because I can never get anyone on the phone in their so-called business plan technical support center. They're so busy chasing pennies that they are letting the dollars they already have blow out the window.
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soccerguy

join:2004-06-28
Seattle, WA

Re: Earthlink still in financial trouble long term

I dumped them in January after being a dsl customer with them/Mindspring since 1999. Was always happy with the dsl product they gave me and it rarely if ever went down. However, the customer/technical service was difficult to reach and often didn't have answers to questions. I was moving January 1 and wanted their new LinePowered Voice product. Called a few days beforehand and no one - customer service, tech support, install folks - claimed to know what I wanted. Then the ads appeared here in Seattle a few days later for the same dang product. That pushed me over the edge. I won't miss them. Frankly, they're doing themselves in...despite having good products, their beyond-crappy customer service is going to bury them as good long-term customers like me leave. Went with Speakesy - higher price but rock solid (and responsive) customer service.

OldschoolDSL
Premium
join:2006-02-23
Indian Orchard, MA
·Dish Network
·Verizon Online DSL
·Charter Pipeline
·Comcast
·Clearwire Wireless
·Cox HSI
·Vonage

AOL's fate?

Call me crazy, but I believe Earthlink will go down about the same time AOL does. Maybe its the name and people remember it more as a Dail-up company. Or maybe its the fact that they resell more services, then they own and thus can't always complete with the market as others can.

I just have this feeling that Earthlink is going to keep heading downward for the long hall.
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CO_Chris
Premium
join:2001-08-28
Broomfield, CO
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Re: AOL's fate?

said by OldschoolDSL See Profile :

Call me crazy, but I believe Earthlink will go down about the same time AOL does. Maybe its the name and people remember it more as a Dail-up company. Or maybe its the fact that they resell more services, then they own and thus can't always complete with the market as others can.

I just have this feeling that Earthlink is going to keep heading downward for the long hall.
I have to agree with you EL is going down in a ball of flames fast. Who wants a sub par ISP anyway?

Down 51% that's really bad how can the stay afloat?

b1gdr3
I Blame Your Mother

join:2001-07-28
Pittsburgh, PA

hehe

EarthLink is dead, long live EarthLink.

Toguro

join:2003-10-23
Ottawa, IL

I am so hungry

I forgot to get money or my debit card and i have no food in the house.
CSU

join:2002-10-21
Lagrange, GA

???

Why wouldn't they lose money, they are teamed up with the horrible ISP known as Charter. We all know how Charter likes to lose money.

ewgen

@swbell.net

RE: Earthlink

10 year customer here, just left them for att/sbc DSL.

I was paying $54 with taxes for like 2 years, until I called and demanded a lower rate, so they lowered me to $39. That's still double what I pay now with ATT/SBC.

for the same service.

I'll miss them, they've been rock solid for 6 years of DSL but they are just too expensive to compete now.
Forums » Earthlink Earnings Fall


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