Telecom Italia to acquire AOL's German ISP
237548
Telecom Italia will acquire the Internet access unit of AOL in Germany for â¬675 million ($853.5 million) in cash, the two companies announced Sunday.ADVERTISEMENTMAKE SOA REAL WITH IBM WEBSPHERE PODCASTStreamline processes and maximize efficiency within a proven service oriented architecture. Take back control of your business processes with IBM WebSphere.
718750
This is a near perfect solution for Internet users in Germany. With a lot of competition for subscribers, T-Online customers can have a DSL line for â¬3.99 per month.
482169
German phone giant Deutsche Telekom said it plans to buy back full control of its Internet unit by next year to profit from burgeoning demand for broadband Internet services, a move that could cost the company euro2.9 billion (US&#36;3.6 billion).
91234
Deutsche Telekom is ready to make acquisitions in the mobile communications sector, and could finance them by selling non-core activities such as Club Internet in France, the head of the German telecoms giant said Thursday.
530181
(InfoWorld) - AOL continued its strategy ofÂ separating its Internet access and content businessesÂ in Europe, with the sale of its France Internet access business to Neuf Cegetel. The deal, announced Thursday, is worth â¬288 million ($366 million) and includes an ongoing partnership between AOL and Neuf Cegetel, a broadband operator. It's the second such deal in a week. On Sunday,Â Telecom Italia boughtÂ AOL's German Internet access business for â¬675 million. The AOL France acquisition includes 500,000 broadband customers as well as AOL France's customer service operation. In addition, starting next year, AOL will manage online advertising sales and supply editorial content for all of Neuf Cegetel's portals. The companies will share advertising revenue from the sites. AOL will continue to support its own portal,Â available here. By the end of this year, Neuf Cegetel hopes to begin offering additional services to the acquired AOL subscribers, such as DSL (digital subscriber line) TV, mobile telephony and a converged GSM-Wi-Fi offering. Neuf Cegetel will also encourage AOL's dial-up customers to migrate to broadband. AOL France said in August that it was in negotiations with Neuf Cegetel. The confirmation came around the same time that AOL announced that it would begin offering its content services for free to any visitor to its portals around the world. Previously, the content and services were available only to AOL subscribers. Earlier in the year, Telecom Italia made an offer for AOL's businesses in Germany and France. The German business acquired by the operator earlier this week had 1.1 million broadband customers as of June, and 1.3 million dial-up subscribers. AOL is still looking for a buyer for its remaining European Internet access business, in the U.K. TheÂ change in strategy, whereby AOL will focus on primarily earning revenue from online advertising, came as the company struggled to retain Internet access customers. AOL will retain its Internet access business in the U.S. but pay less attention to subscriber growth there.
477151
The European Commission Friday approved the planned sale of AOL LLC's U.K. Internet access business to Carphone Warehouse Group PLC (CPW) of the U.K. The deal follows recent similar sell-offs in Germany and France.
627951
Slovak Telecom, the fixed-line operator controlled by Deutsche Telekom of Germany, has agreed to buy out AT&amp;T Wireless and Verizon from its mobile arm Eurotel for an undisclosed price.
605755
Time Warner Inc. will pay $210 million to settle charges that its America Online unit fraudulently inflated its revenue figures. Separately, it is expected to pay about $300 million to settle SEC charges related to its buyout of a stake held by Germany's Bertelsmann AG in AOL Europe.
476510
Brussels says Deutsche Telekom should open its advanced high-speed internet network to competitors.
658172
EUROPE&#39;S biggest phone company, Deutsche Telekom, has offered to buy out investors in its T-Online International internet division for about E3 billion ($5 billion) to revive growth at its fixed-line business.
464083
Telekom Austria on Monday won the right to acquire MobilTel, the Bulgarian operator, for â¬1.6bn ($2.12bn), in a deal that would allow it to tap into an underdeveloped mobile market.
337376
Yahoo said Tuesday it has a partnership with T-Mobile to be the exclusive Internet service provider for the mobile network operator's European users.
716660
Telecom Italia will approve a plan to buy the 44 percent it does not own of its mobile phone unit, Telecom Italia Mobile.
656029
Time Warner Inc. on Monday said its  AOL online unit has acquired Userplane, a provider of Web-based  chat and instant messaging services.
380745
Telecom Italia plans to  use cash for a bigger-than-expected chunk of a 20 billion-euro (&#36;26.69 billion) buyout of its mobile unit TIM, a source close to the deal said on Monday.
756887
Purchase for $870 million in cash expected to make Telecom Italia second-largest broadband provider in Germany.
612827
News Corp., the broadcaster owned by Rupert Murdoch, bought partner Telecom Italia SpA&#39;s stake in an Italian satellite television venture for 88 million euros ($108 million), giving News Corp.