October 12, 2006 at 02:37Time Warner sells AOL UK for 548 million euros
As part of the new development strategy, the management of Time Warner Corporation decided to sell not only German and French, but also the British division of AOL , which provides Internet access services.
AOL UK was bought by Carphone Warehouse, a network of mobile phone stores in Europe. Time Warner UK subsidiary value amounted to 370 million pounds (or 548 million euros) in cash, transfers nformatsionnoe agency AFP. The deal will help Carphone Warehouse to take an honorable third place in the list of UK Internet service providers that provide their customers with broadband access.
AOL UK was bought by Carphone Warehouse, a network of mobile phone stores in Europe. Time Warner UK subsidiary value amounted to 370 million pounds (or 548 million euros) in cash, transfers nformatsionnoe agency AFP. The deal will help Carphone Warehouse to take an honorable third place in the list of UK Internet service providers that provide their customers with broadband access.