Feeds

AOL Germany for sale?

Looking for new investments

Beginner's guide to SSL certificates

Time Warner is to sell its German subsidiary AOL Deutschland, according to financial news agency DPA.

Time Warner recently hired Citigroup to explore the sale or restructuring of its entire AOL Europe unit, which also includes the CompuServe brand. The investment of a new partner is also a feasible option, according to sources.

The German subsidiary is by far AOL's biggest: it boasts over one million DSL users, but lacks investment to compete with its major rival Deutsche Telekom.

Overall, AOL Europe has six million users, but its subscription base has been steadily declining. Last year, 287,000 European AOL online users migrated to other service providers. However, AOL Germany is still worth €450m and AOL Europe in general saw its income from online advertising rise 35 per cent in Q1.

Until 2002, German publishing house Bertelsmann owned 49 per cent of AOL Europe, and American Online is now looking for a new partner. Potential candidates include Spanish telecommunications group Telefonica and Vodafone subsidiary Arcor, according to sources.

In the US, AOL has announced another 1,200 layoffs, or seven percent of its total workforce worldwide. Time Warner's internet unit cut 700 jobs last fall. In the US, more and more internet users are dropping dial-up connections in favour of broadband, an area AOL has ignored for too long. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
Crouching tiger, FAST ASLEEP dragon: Smugglers can't shift iPhone 6s
China's grey market reports 'sluggish' sales of Apple mobe
Sea-Me-We 5 construction starts
New sub cable to go live 2016
EE coughs to BROKEN data usage metrics BLUNDER that short-changes customers
Carrier apologises for 'inflated' measurements cockup
Comcast: Help, help, FCC. Netflix and pals are EXTORTIONISTS
The others guys are being mean so therefore ... monopoly all good, yeah?
Surprise: if you work from home you need the Internet
Buffer-rage sends Aussies out to experience road rage
EE buys 58 Phones 4u stores for £2.5m after picking over carcass
Operator says it will safeguard 359 jobs, plans lick of paint
MOST iPhone strokers SPURN iOS 8: iOS 7 'un-updatening' in 5...4...
Guess they don't like our battery-draining update?
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.