AOL sells AOL France for $366M
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(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.
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AOL Canada Inc. will announce plans today to enter the burgeoning market for providing telephone service over the Internet. The on-line service company has beaten its US parent Time Warner Inc
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Computer maker Gateway Inc. Tuesday said it has agreed to repurchase stock held by America Online Inc. for $316 million US. AOL, which is a unit of media and entertainment company Time
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Aged Operator Leftovers The boss of media omnicorp Time Warner said yesterday he is considering selling off the AOL dial-up business Stateside.â¦
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Accordo con Time Warner per 675 milioni di euroIl gruppo italiano acquisisce 3,2 milioni di clienti tedeschi                                          Telecom fa acquisti in Germania prese le attivitÃ  Internet di Aol
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(InfoWorld) - 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. The move comes amidst a reorganization by Telecom Italia that saw a failed bid to sell its mobile phone unit last week and the resignation of Chairman Marco Tronchetti Provera Friday. AOL's parent company, Time Warner, has been eager toÂ dispose of its ISPs, where its subscriber numbers have been declining. Telecom Italia made the buy in order to consolidate its broadband access service in Europe, the company said. The move would make the company the second largest Internet access provider in Germany with over three million subscribers, it said. Under the deal's terms, AOL will provide Telecom Italia with co-branded entertainment services to all of its residential customers for five years. AOL will also retain responsibility for all online advertising, also for five years. The deal is expected to close in four to six months and is subject to regulatory approval.
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AOL said it has purchased buy.at, an online affiliate marketing network, as part of a strategy to bolster its Internet advertising operations.
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Telecom Italia SpA has taken time off from a reorganization that has plunged the country's politics into turmoil by paying 675m euros ($870m) cash for Time Warner's AOL Germany internet access business in a deal that will make it Germany's second largest ISP.
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PARIS / LONDON: France said on Wednesday it will sell up to 12.1% of France Telecom to raise â¬5.8 billion ($6.9bn) and help cut national debt in Europeâs largest placing in four years.
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Time Warner Inc. is giving up its foothold in one of the fastest-growing markets for broadband Internet access with a deal to sell AOL Germany's Internet access business to Telecom Italia SpA for about $870 million.
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BT Group, the privatised former British telecoms monopoly, has sold its entire holding in the French satellite operator Eutelsat for Â£363m.
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France Telecom reported third quarter operational earnings of 4.86 billion euros (6.2 billion dollars), up 3.9 percent from the same period last year.
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SPX Corp., a maker of industrial and electronic products, said Friday that it is selling its Bomag construction vehicle business to France&#39;s Fayat Group for $446 million in cash.
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France will sell up to 12.1 percent of France Telecom in Europe&#39;s largest share placement in four years, bringing as much as 5.75 billion euros ($6.
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AOL has bought a small widget and online desktop applications maker Goowy Media, for an undisclosed amount.
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Averting a looming court battle over how it has handled the exodus from its Internet dial-up service, AOL has agreed to make it easier for its remaining customers to leave as part of a $3 million settlement with 48 states and the District of Columbia.
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EBay Inc. offered about &#36;530 million to buy the remainder of South Korean affiliate Internet Auction Co. Ltd. as it pushes deeper into Asia, saying key shareholders had accepted a 79 percent increase to an earlier offer.