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Earthlink /TimeWarner partnership is extended

The Associated Press is reporting that EarthLink and Time Warner extended an agreement which originated in 2000. Under the deal, Atlanta-based EarthLink (ELNK) will continue providing broadband services to about 19 million households that are not serviced by Time Warner Cable's own broadband system.

Next to AOL, EarthLink is one of the most recognized ISP names in the States. Time Warner (TWX) and its rival in cable, Comcast, are looking to further capitalize on opportunities opened up by Adelphia's woes, especially now that approval of the sale of Adelphia assets to the two cable giants a couple weeks back is out of the way.

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