James: Carphone Warehouse is a big UK retailer of mobile devices, and mobile content. I’m not sure if this will have any mobile repercussions in the near future, but it’s possible.
The agony of AOL UK’s access business is over: it has been sold: Carphone Warehouse, Europe’s largest mobile retailer, for 370 million pounds ($687 million). This would give it a broadband customer base of about 2 million users, making it the third-largest broadband provider in the U.K.
Other details of the deal:
— Completion is subject to EU competition authority clearance and is expected to take place by 31 December 2006.
— Funded via an extension of existing debt facilities
— AOL will provide a co-branded portal, content and other audience services and will manage the online ad sales for CPW
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