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Technology Stocks : America On-Line (AOL)

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To: Ed Forrest who wrote (24252)6/28/1999 7:30:00 AM
From: Glenn D. Rudolph  Read Replies (1) of 41369
 
AOL Europe to offer free UK Internet access -paper
LONDON, June 28 (Reuters) - AOL Europe, a venture of America
Online Inc <AOL.N> and German media group Bertelsmann AG
<BTGGga.F>, will launch a free Internet access service in
Britain in August, the Times newspaper reported on Monday.
It said the new service, to be called Netscape Online, was
also expected to include free technical support.
AOL Europe said last week it was considering offering free
Internet access in Britain, where the company has lost its lead
to Freeserve, a service with no monthly fee launched by
electronics retailer Dixons Group Plc <DXNS.L>.
The company's plans emerged from an interview with chief
executive Andreas Schmidt in Germany's Der Spiegel magazine, the
Times said.
It also quoted Bertelsmann chairman Thomas Middelhoff as
saying in a separate interview that an eventual flotation of AOL
Europe could not be ruled out.
REUTERS
Rtr 21:52 06-27-99
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