Feeds

BT and Sky in chase for AOL UK - report

Price a bit steep though

Boost IT visibility and business value

BSkyB and BT are reportedly close to making a bid for AOL UK although both firms are understood to be unhappy at the £1bn price tag.

The Sunday Times reports that the deadline for offers could be as early as this week after AOL UK parent Time Warner called in bankers Citigroup to conduct a strategic review of its European operations.

The newspaper reports that one insider says a more realistic price tag for the business would be around £660m.

Sky - which bought LLU operator EasyNet last year for £211m - is due to unveil details of its own broadband access service later this summer.

Although one of the options for the strategic review could be the full or partial sale of the business, AOL has consistently said its preferred option would be to form some kind of partnership.

Last week, the Carphone Warehouse was named as a possible suitor for AOL UK.

However, while boss Charles Dunstone said he would be keeping a "close eye" on the sale of the AOL business, he added that he felt "no pressure" to grow his TalkTalk telecoms business by acquisition. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
Déjà vu: Virgin Media jacks up broadband prices
Screw copper phone lines, we're UNIQUE, bleats telco
NBN Co claims 96 mbps download speeds for FTTN trial
Umina trial also delivers 30 mbps uploads, but exact rig used not revealed
UK fuzz want PINCODES on ALL mobile phones
Met Police calls for mandatory passwords on all new mobes
Netflix swallows yet another bitter pill, inks peering deal with TWC
Net neutrality crusader once again pays up for priority access
New Sprint CEO says he will lower axe on staff – but prices come first
'Very disruptive' new rates to be revealed next week
EE: STILL Blighty's best mobe network, says 'Frappucino' Moore
Fresh round of network stats fisticuffs possibly on the cards here
US TV stations bowl sueball directly at FCC's spectrum mega-sale
Broadcasters upset about coverage and cost as they shift up and down the dials
ROAD TRIP! An FCC road trip – Leahy demands net neutrality debate across US
You crashed watchdog's site, now time to crash its ears
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
7 Elements of Radically Simple OS Migration
Avoid the typical headaches of OS migration during your next project by learning about 7 elements of radically simple OS migration.
BYOD's dark side: Data protection
An endpoint data protection solution that adds value to the user and the organization so it can protect itself from data loss as well as leverage corporate data.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?