Lycos Europe Divest ISP in Sweden For $25 Million

Lycos Europe, a separate company from Lycos U.S., has sold off its ISP business (called Spray) in Sweden to Glocalnet Scandinavia for about $25 million…this follows the sale of its online portal, also called Spray, last month to Aller Svenska, also for around the same amount.
Spray has been an access provider since 1999 and offers telephony products since 2001 as well. It has a customer base of around 190K, and around 45K customers for Spray telephony products. More details in the release here.

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