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.
