AOL UK Shortlists Potential Buyers
Posted: 04th Aug, 2006 By: MarkJ
Sources inside AOL claim that BSkyB and Carphone Warehouse have been short-listed as buyers for the ISP's UK Internet access division. BT and Orange have apparently fallen by the wayside:
Jonathon Miller, chief executive of AOL, said on Wednesday the sale of AOL's European units remained on track, adding: "The sale process... is progressing, and we are hopeful that we will have reached agreements with the winning parties sometime in the fall."
An AOL spokesman declined to comment on the remaining bidders for the ISP's UK access business but did confirm the UK sale is not as advanced as that occurring in France, where the final bidder has already been announced. "We're not at that stage negotiations are continuing. It's relatively early in the process," he added.
The ZDNet item doesn't reveal much more information, although both of the remaining ISP's could benefit from the acquisition.
Jonathon Miller, chief executive of AOL, said on Wednesday the sale of AOL's European units remained on track, adding: "The sale process... is progressing, and we are hopeful that we will have reached agreements with the winning parties sometime in the fall."
An AOL spokesman declined to comment on the remaining bidders for the ISP's UK access business but did confirm the UK sale is not as advanced as that occurring in France, where the final bidder has already been announced. "We're not at that stage negotiations are continuing. It's relatively early in the process," he added.
The ZDNet item doesn't reveal much more information, although both of the remaining ISP's could benefit from the acquisition.
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