Offering regional and national programs, CIO (and CSO) events bring together some of the most respected names and thought leaders in information technology and security. Presented by CIOs and other senior level executives, these invitation-only programs offer timely topics and strong networking. Learn More »
Social Responsibility's Strategic Benefits
December 15, 11:30 AM - 12:30 PM US/Eastern (GMT-5)
Join Ed Granger-Happ, CIO of Save the Children, for a discussion of how creating an organization that is socially responsible improves staffing, retention, leadership development and overall corporate health.
Working With and Communicating to Your Board of Directors
January 13, 2009, 4:00 PM - 5:00 PM US/Eastern (GMT-5)
CIO panelists who will share tips and experiences working with their boards: Twila Day of SYSCO; Jeff O'Hare, West Corp.; Marc West, formerly with H&R Block.
IT's Role in Growing Mid-Market Companies
January 14, 4:00 PM - 5:00 PM ET (GMT-5)
Mid-market Council members will share their companies' stories and challenges in driving or coping with growth. Panelists represent Veterinary Pet Insurance, Medicis Pharmaceutical, and Intrax Cultural Exchange.
Learn more about the CIO Executive Council »
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December 08, 2006 — CIO —
The European Commission Friday approved the planned sale of AOL’s U.K. Internet access business to Carphone Warehouse Group (CPW) of the United Kingdom. The deal follows recent similar sell-offs in Germany and France.
The commission said that its monthlong examination of the proposed transaction showed that in the sectors where the companies’ activities overlap, Internet access services and fixed-line telephony services, the combined entity’s share of the relevant market "would not give rise to competition concerns as the new firm would continue to face effective competitive pressure from other market participants."
The commission is the European Union’s regulatory and executive branch.
Time Warner, AOL’s owner, has been retreating from the Internet access business in Europe, where its subscriber numbers are declining.
AOL company has about 5.9 million customers for its three European divisions, in the United Kingdom, France and Germany. In September it agreed to sell its German ISP to Telecom Italia for 675 million euros (US$853.5 million) and its French operation to Neuf Cegetel for 288 million euros (US$374 million).
CPW is an independent retailer of mobile communications, with more than 1,500 stores in Europe. As well as retailing mobile handsets and mobile connections, CPW is active in the supply of fixed-line telecommunication services to business and residential customers. It also offers narrowband and broadband Internet access services to U.K. and European residential customers.
-Paul Meller, IDG News Service (Brussels Bureau)
Related Links:
- AOL ISP Sale to Telecom Italia OK’d by E.U.
- AOL to Sell German ISP to Telecom Italia for $853M
- AOL CEO Switch Raises Eyebrows
Check out our CIO News Alerts and Tech Informer pages for more updated news coverage.
© 2008 CXO Media Inc.
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