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St. George Unofficial Bank Holiday

Monday, July 17, 2006

In The News

Orange, the French owned mobile telephone operator, is said to be preparing to bid for AOL's UK operation according to the Daily Telegraph.

The ISP[??], which is owned by the Time Warner media empire, was put up for sale by the company as it seeks to reposition itself away from commodity Internet provision towards a more products and services oriented operation.

AOL UK currently has 1.3 million broadband subscribers and another 1.2 million dialup customers. Bids are expected in the region of £650 million.

According to the report, an executive with links to Orange is quoted as saying 'Orange is going to bid very aggressively for AOL UK. France Telecom is terrified of the prospect of BSkyB getting hold of it and putting pressure on its Internet business.'

Monsieur, let SKY have AOL and that would see an end to the pressure, and possibly SKY.
Leave fur where it belongs