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Time Warner's AOL division expects to reach deals to sell its European Internet access businesses by the autumn, its top executive said on Wednesday.
In Britain, second-round bidders include BSkyB, Carphone Warehouse and France Telecom's Orange unit, one source said. AOL's insistence on providing Internet portal services to its former subscribers has been a sticking point for some bidders.
AOL short-lists BSkyB and Carphone Warehouse [today.reuters.co.uk]