AOL/Time Warner merger

Essay specific features

 

Issue:

Business

 

Written by:

Jason H

 

Date added:

April 7, 2013

 

Level:

University

 

Grade:

B

 

No of pages / words:

3 / 637

 

Was viewed:

2966 times

 

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Essay content:

It appeared very possible that together, they could dominate access to the Internet. Time Warner had just failed miserably at attempting to move into the digital era and had lost a lot of money. TW was excited at the prospect of taking part in the Internet revolution and was confident that the company would profit greatly from the merger...
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Shortly after the merger was made legal, the U.S. was hit with a recession that rocked the dot-com world. As a result, AOL was not gaining as many subscribers as predicted and lost $98.7 billion in 2002. In January 2006, AOL announced plans to partner with leading providers including BellSouth, Time Warner Cable and Verizon, as well as other major DSL suppliers (Primrose, 2006)...
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