AOL sells internet access in France – raises cash to develop online presence

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.

Andy Atkins-Kruger

Andy is the CEO of Webcertain. He is a trained linguist with 20 years of experience in international marketing, having helped major brand leaders with their advertising and public relations projects on five continents. Webcertain has been operating multilingual search marketing campaigns for over 15 years and is one of few agencies which only deal with international campaigns; the company doesn't deal in single market projects. Andy speaks regularly at conferences around the world.

All Posts

One Response

Andy Atkins-KrÃ¼ger says:
September 21, 2006 at 5:38 pm
Maybe you can write better stories or cover stories in France better than I can? English-speaking French based blogger sought for Multilingual-Search.com
Reply