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AOL lands high speed net deal with Charter

Posted by inet - 2006-02-04

AOL, the online division of Time Warner Inc., on Thursday said it has landed a deal with cable operator Charter Communications Inc. to offer low-cost, high-speed Internet service.
 
It is the fourth new deal since last week, when it struck similar agreements with phone companies BellSouth Corp., AT&T Inc. and Qwest Communications International Inc.

AOL, which has lost more than 7 million subscribers to its dial-up modem Internet service since 2002, is now seeking to offer low-cost high speed service to its existing 19.5 million to prevent further defection.

The service will be offered on February 6 for $25.90 per month.



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