EarthLink says SK Telecom to invest up to $270 mln in JV
Sept 21 (Reuters) - EarthLink Inc (ELNK.O: Quote, Profile, Research, Stock Buzz) said SK Telecom (017670.KS: Quote, Profile, Research, Stock Buzz) (SKM.N: Quote, Profile, Research, Stock Buzz) would invest up to $270 million in Helio, their wireless voice and data services joint venture.
Helio expects to end the year with between 200,000 and 250,000 subscribers. Helio expects a full-year net loss of $340 million to $360 million, EarthLink said in a statement. (Reporting by Jennifer Robin Raj in Bangalore)
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