The break-up of of AOL's European activities could see Time Warner ditching its UK ISP operation. With 2.2m subscribers, AOL is the UK's third biggest ISP.

The sale plan comes out of investment bank Citigroup's continental review of AOL for the media giant. Noises out of AOL say Citigroup are briefed to look at all options for AOL UK, including partnership arrangements and a full-scale sell-off. There's no timetable for when decisions will be made.

Similar reports in May said AOL Germany is for the chop too.

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