AOL Shifts Strategies in Europe
For months, rumors have circulated that AOL was looking to sell its units in Britain, France, and Germany. For the onetime giant of paid Internet access, it seemed a sorry retreat, as users shifted away from dial-up service and AOL's proprietary content in favor of the wide-open broadband Internet. Then again, it came as little surprise, since the troubled online unit of New York-based Time Warner (TWX) faced similar pressures in the U.S.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.