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Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?

To: robert duke who wrote (25958)	7/18/1999 8:44:00 PM
From: Ed Forrest	Read Replies (2) \| Respond to of 41369

I hope this is hot off the wires news: AOL to launch free Internet service in UK-paper LONDON, July 18 (Reuters) - America Online Inc AOL.N, the world's biggest Internet service provider, will announce on Monday it is launching a subscription-free Internet service in Britain to compete with Freeserve, the service to be floated next month by the Dixons Group DXNS.L, the Financial Times said. The FT said AOL's new service, to be called Netscape Online, would be launched next month and would be aimed at the business and professional market. The paper quoted AOL President and Chief Operating Officer Bob Pittman, as saying the new service was part of the company's strategy to develop a multi-brand portfolio of services. AOL has around one million subscribers in Britain and more than 20 million subscribers worldwide. Freeserve has 1.32 million users and is expected to be valued at between 1.3 billion pounds ($2.04 billion) and 1.5 billion when it comes to the market early next month. ($1=.6381 Pound) REUTERS Rtr 19:32 07-18-99 Copyright 1999, Reuters News Service