Reuters reports that AOL France is selling its internet access business to Neuf Cegetel for $365 million as it overhauls it’s online business in Europe.
The important point about the report is that AOL has simultaneously boosted its war chest by $365 million – not a small amount AND created a strong partnership with Neuf Cegetel giving it access to around 2 million web users – its own access business numbered 500,000. Looks like a good deal for AOL who’s French portal receives 5.5 million unique visitors each month.
Latest posts by Andy Atkins-Kruger (see all)
- Be prepared: A personal message from Webcertain’s CEO - May 15, 2018
- Why Someone Else Really Needs To Look Over Your Keyword Research – Especially When Multiple Languages Are Involved - June 6, 2014
- Commercial Russian Dates To Remember: Men’s Day (23rd February) And Women’s Day (8th March) - February 17, 2014