Time Warner sells AOL UK for 548 million euros
As part of the development strategy, Time Warner management decided to sell not only German and French, but also the British division of AOL , which provides Internet access services.
The AOL UK buyer was Carphone Warehouse, which represents a network of stores selling mobile phones in Europe. The cost of Time Warner's UK subsidiary was £ 370 million (or € 548 million) in cash, reports AFP information agency. The deal will help Carphone Warehouse to take an honorable third place in the list of UK Internet providers, which provide broadband access to its customers.
The AOL UK buyer was Carphone Warehouse, which represents a network of stores selling mobile phones in Europe. The cost of Time Warner's UK subsidiary was £ 370 million (or € 548 million) in cash, reports AFP information agency. The deal will help Carphone Warehouse to take an honorable third place in the list of UK Internet providers, which provide broadband access to its customers.
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Source: https://habr.com/ru/post/1901/
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