British retailer Carphone Warehouse agrees to buy AOL's U.K. business for US$688M (Canadian Press)

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British retailer Carphone Warehouse agrees to buy AOL's U.K. business for US$688M (Canadian Press)

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11-10-2006, 3:10 PM

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British retailer Carphone Warehouse agrees to buy AOL's U.K. business for US$688M (Canadian Press)

Canadian Press - LONDON (AP) - Carphone Warehouse Group PLC, a mobile-phone retail chain, said Wednesday it agreed to buy Time Warner Inc.'s British AOL business (NYSE:TWX) for 370 million pounds, or US$688 million, to become the third-largest provider of broadband services in the U.K.

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