LONDON (AFX) - AOL, owned by US media conglomerate Time Warner Inc, has put its UK internet service provider operation up for sale, the Guardian newspaper reported without citing sources.
It has already hired investment bank Citigroup to find buyers for its internet access operations in France and Germany but now the UK unit is also being offered for sale, the article said.
AOL has 2.2 mln customers and about 500 staff in Britain. monicca.egoy@afxnews.com mbe/slm COPYRIGHT Copyright AFX News Limited 2005. All rights reserved. The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News. AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
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