Earthlink and SK Telecom Joint $400 Min Wireless Deal

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A natural evolution for Earthlink jumping into the US wireless market seeing that they already sell Blackberrys. Here is the article from Reuters:

SEOUL (Reuters) – EarthLink Inc., the No. 4 U.S. Internet service provider, plans to announce a $400 million joint venture with South Korea’s SK Telecom Co. to offer mobile services in the United States, the New York Times reported on Wednesday.

EarthLink will sell phone services using the networks of Sprint Corp. and Verizon Wireless, while SK Telecom will be a technical partner in the venture, the paper said, quoting an executive close to the deal.

EarthLink and SK Telecom, South Korea’s top mobile operator, will each contribute $200 million to the deal, the report said.