RSSAOL Sells French Unit, AOL UK Next
By the Betanews Staff | Published September 21, 2006, 1:15 PM
The shedding of AOL's international operations continued Thursday as Time Warner announced it had sold its AOL France division to Internet service provider Neuf Cegetel in a 288 million euros ($365 million) cash transaction. The announcement follows the sale of its German unit to Telecom Italia on Monday, and leaves AOL UK as its only remaining European ISP. AOL France has approximately 500,000 broadband subscribers.
In related news, Orange, a division of French Telecom, confirmed that it had pulled out of the bidding for AOL UK. Negotiations are still continuing with two other prospective suitors - Satellite TV provider BSkyB and Carphone Warehouse, according to press reports.
What does AOL actually do, apart from get in the way of you and your internet experience?
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|"What does AOL actually do, apart from get in the way of you and your internet experience? "
Bring in you AOL bashers and trolls.
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|"What does AOL actually do, apart from get in the way of you and your internet experience? "
"Bring in you AOL bashers and trolls."
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And the bashers and trolls bring nothing substantive to the table either.
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|"288 million euros ($365 million) cash transaction"
In cash?
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|OK once again what are they selling? Will AOL France continue just under the supervision of this other company or are they just selling equipment and employees?
More details would be lovely. Because obviously AOL still exists here, so it must not be the name just assets?
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|They're selling the customers, the portal, the equipment and the support subsidiary.
Neuf Cegetel will hire 140 AOL France people and AOL will manage advertisement and audience mesurement.
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