Feeds

AOL UK finds a home in Carphone Warehouse

£370m, 2 million customers, one brand (slightly used)

High performance access to file storage

Carphone Warehouse has bought up AOL UK for £370m in cash, instantly bumping up its broadband customer base by 1.5 million.

The phone company will put £250m down with the rest to be paid on an installment plan over 18 months. Last month, the Times reported that BSkyB and Carphone Warehouse were battling it out for AOL UK, and now it seems that Carphone has won out and got itself over two million new subscribers, even if 600K of them are still using dial-up connections.

Assuming the deal gets regulatory approval it should be all completed by the end of the year, making Carphone Warehouse the third largest broadband provider in the UK, after NTL and BT.

Since offering its "free" broadband service, Carphone Warehouse has had 625,000 applications, and now has 421,000 connected subscribers, but this acquisition ups the ante considerably.

Equally interesting is a commercial agreement with AOL in relation to "the Audience business" which "provides Carphone Warehouse with a ready-made platform via which it can generate material incremental value from its large and growing customer base". So this deal isn't just about getting more customers, but about making some money from those customers too. ®

High performance access to file storage

More from The Register

next story
A black box for your SUITCASE: Now your lost luggage can phone home – quite literally
Breakfast in London, lunch in NYC, and your clothes in Peru
Broadband Secretary of SHEEP sensationally quits Cabinet
Maria Miller finally resigns over expenses row
Skype pimps pro-level broadcast service
Playing Cat and Mouse with the media
Beat it, freetards! Dyn to shut down no-cost dynamic DNS next month
... but don't worry, charter members, you're still in 'for life'
Like Google, Comcast might roll its own mobile voice network
Says anything's possible if regulators approve merger with Time Warner
EE dismisses DATA-BURNING glitch with Orange Mail app
Bug quietly slurps PAYG credit - yet EE denies it exists
Turnbull leaves Australia's broadband blackspots in the dark
New Statement of Expectations to NBN Co offers get-out clauses for blackspot builds
Facebook claims 100 MEEELLION active users in India
Who needs China when you've got the next billion in your sights?
prev story

Whitepapers

Mainstay ROI - Does application security pay?
In this whitepaper learn how you and your enterprise might benefit from better software security.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.