Time Warner mulls sale of U.S. AOL access business
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Time Warner Inc, the world&#39;s largest  media company, will &quot;look hard&quot; in the next 12 to 18 months at  possibly selling off its AOL dial-up Internet access business,  similar to its strategy in Europe.
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Time Warner is to announce today that it will pay between $500 and $600 million to settle federal investigations into irregularities at America Online, according to reports in the American press.
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Time Warner seems ready to sell its underperforming AOL unit -- but with the possibility of a Microsoft-Yahoo merger, the list of potential acquirers has grown much shorter.
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Time Warner is nearing settlement with the Securities and Exchange Commission and the Justice Department on the accounting scandal in AOL.
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Comcast Corp. (CMCSA.O: Quote, Profile, Research) and Time Warner Inc. (TWX.N: Quote, Profile, Research) on Monday said they are in talks on a possible joint offer to
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Telecom Italia  is considering  purchasing AOL's Internet units in France and Germany, Chairman  Marco Tronchetti Provera told journalists on Friday in Milan.
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AOL's roots are in Dulles, but the company wants to bite the Big Apple.
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Comcast and Time Warner are exploring an alliance to buy the bankrupt cable outfit. If their bid wins, then they divide the spoils.
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Time Warner Inc. TWX.N on Tuesday   said a strategy to offer most of online unit AOL's services for   free was making faster-than-expected progress in attracting new   Internet users and cutting costs.
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Time Warner Inc. on Tuesday said a  strategy to offer most of online unit AOL's services for free  was making faster-than-expected progress in attracting new  Internet users and cutting costs.
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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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Time Warner Inc. said on Thursday it  would sell AOL France's Internet access unit to Neuf Cegetel  for $365 million as it overhauls its online business in Europe.
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When bankrupt cable operator Adelphia Communications begins eyeing bids for some or all of its cable systems, one heavyweight contender is likely to be a joint offer from Comcast Corp. and Time Warner Cable, sources familiar with the situation said Monday.
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German telecoms giant Deutsche Telekom is considering selling its French Internet access provider Club Internet.
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Time Warner CEO Jeffrey Bewkes plans to split AOL into separate businesses, one for access involving its dial-up Internet service, and the other on its audience unit, which would cover its portal and advertising business.
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Industry talk over the potential sale of Metro-Goldwyn-Mayer might have subsided in recent weeks. But despite summer vacation season, Time Warner Inc.
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The America Online unit of Time Warner Inc. (TWX.N: Quote, Profile, Research) is reorganizing itself into four operational units to improve decision making, the Wall Street Journal and the Washington Post reported on Tuesday.