Time Warner plans to sell off AOL dial-up internet division

Time Warner and AOL merger was once hailed as one of the most important mergers of all times. But the deal turned out to be somewhat of a disappointment for everyone involved as the company is now considering selling off their AOL dial-up internet division.

They are however likely to keep with themselves the AOL’s Web-portal and advertising sectors.

Time Warner’s CEO Jeff Bewkes spoke about these plans: “This should significantly increase AOL’s strategic options.”

AOL dial-up division at its peak had as many as 30 million subscribers. The number has now fallen down to a disappointing 10 million.

The company had some time back announced their plans to rely more on ad-supported web services to generate revenues and this seems like the next step in that direction.