Wednesday, October 11, 2006

AOL's Euro restructuring almost complete!

UK mobile phone retailer and emerging telecomms group (with an almost triple play), the Carphone Warehouse, has snapped up AOL's UK dial-up/broadband business for just over $600M, making them the 3rd largest broadband supplier in the UK with over 2 million customers.

That completes AOL Europe's dumping of their dial up business as Neuf Cegetel and Telecom Italia have already bought the French and German units respectively. Poor dears.

AOL now just have to make money out of their free portal and jettison the US dial up service. Hey, their life's almost a breeze again!

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