Dec, 2001 : EarthLink Announces Plans to Buy OmniSky Assets
📅 - EarthLink (earthlink.com) announced today its plans, subject to certain court approvals, to acquire the installed subscriber base and key wireless infrastructure components of San Francisco-based OmniSky Corporation (omnisky.com), a developer and provider of wireless data applications and services on mobile wireless devices.
The acquisition of OmniSky's subscribers, and the underpinnings of itswireless data services, will serve to extend EarthLink's mobile wirelessservice offerings onto Palm and PocketPC wireless handheld devices.
As outlined in a filing for bankruptcy protection that OmniSky plans tosubmit to the Bankruptcy Court for the Northern District of California, theproposed Section 363 asset purchase would include OmniSky's roughly 32,000subscribers, as well as its client software, mobile wireless applicationplatform, browser proxy, mail proxy, and all other components required tocontinue OmniSky's existing service without interruption. The BankruptcyCourt must first approve the agreement and purchase. If approved, thetransaction would save EarthLink time and investment in bringing to market asuite of mobile wireless services comparable to OmniSky's current offerings,the company stated.
"Our purchase of OmniSky's subscriber base and key network assets willrepresent a significant advancement in our company's mobile wirelessstrategy - well beyond our projected first-year goals for EarthLinkEverywhere," said Lance Weatherby, executive vice president of the ISP'sEarthLink Everywhere initiative. "Simply put, we aim to be the best Internetservice provider on all fronts; and OmniSky's best-of-class wireless productofferings move us a few steps further in that direction."
The Chapter 11 filing will enable OmniSky to maintain its operations andcontinue to provide its subscribers with wireless service during the saleapproval process. EarthLink will work closely with OmniSky in the monthsahead to ensure that existing OmniSky subscribers continue to receive thehigh level of service they have become accustomed to. Current OmniSkysubscribers will continue to receive the same services through the samenetwork carrier they are currently using through OmniSky.
EarthLink formally launched its EarthLink Everywhere wireless and non-PCaccess initiative a year ago this week, offering EarthLink wireless emailservice on the Blackberry Wireless Handheld from Research In Motion. LastApril, the company launched EarthLink Wireless Email service on the MotorolaTalkAbout two-way T900. In October, EarthLink added mobile wirelessNeomar-powered Internet browser functionality to its BlackBerry offering.Expanding its capability to deliver Internet services through home devicesother than personal computers, EarthLink in October also initiated itsacquisition of Cidco Incorporated, a distributor and provider of affordable,portable, and easy-to-use email appliances and related services.
The acquisition of OmniSky's subscribers, and the underpinnings of itswireless data services, will serve to extend EarthLink's mobile wirelessservice offerings onto Palm and PocketPC wireless handheld devices.
As outlined in a filing for bankruptcy protection that OmniSky plans tosubmit to the Bankruptcy Court for the Northern District of California, theproposed Section 363 asset purchase would include OmniSky's roughly 32,000subscribers, as well as its client software, mobile wireless applicationplatform, browser proxy, mail proxy, and all other components required tocontinue OmniSky's existing service without interruption. The BankruptcyCourt must first approve the agreement and purchase. If approved, thetransaction would save EarthLink time and investment in bringing to market asuite of mobile wireless services comparable to OmniSky's current offerings,the company stated.
"Our purchase of OmniSky's subscriber base and key network assets willrepresent a significant advancement in our company's mobile wirelessstrategy - well beyond our projected first-year goals for EarthLinkEverywhere," said Lance Weatherby, executive vice president of the ISP'sEarthLink Everywhere initiative. "Simply put, we aim to be the best Internetservice provider on all fronts; and OmniSky's best-of-class wireless productofferings move us a few steps further in that direction."
The Chapter 11 filing will enable OmniSky to maintain its operations andcontinue to provide its subscribers with wireless service during the saleapproval process. EarthLink will work closely with OmniSky in the monthsahead to ensure that existing OmniSky subscribers continue to receive thehigh level of service they have become accustomed to. Current OmniSkysubscribers will continue to receive the same services through the samenetwork carrier they are currently using through OmniSky.
EarthLink formally launched its EarthLink Everywhere wireless and non-PCaccess initiative a year ago this week, offering EarthLink wireless emailservice on the Blackberry Wireless Handheld from Research In Motion. LastApril, the company launched EarthLink Wireless Email service on the MotorolaTalkAbout two-way T900. In October, EarthLink added mobile wirelessNeomar-powered Internet browser functionality to its BlackBerry offering.Expanding its capability to deliver Internet services through home devicesother than personal computers, EarthLink in October also initiated itsacquisition of Cidco Incorporated, a distributor and provider of affordable,portable, and easy-to-use email appliances and related services.
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