Aug 2 2006

AOL to offer free e-mail access

AOL, the internet arm of Time Warner, is to give away e-mail, instant messaging, software and other services for free to high-speed internet users.

Time Warner said it would allow AOL to capitalise “on the explosive rise in broadband use and online advertising”.

Shareholder pressure has been put on Time Warner to extract more value from AOL and boost its own share price.

At the same time, AOL has said it will no longer aggressively market its long-running dial-up service.

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