August 2nd 2006 |
General
Time Warner Inc. on Wednesday said its AOL unit will no longer charge high-speed Internet users for e-mail and other Web services in a gambit to attract more viewers and boost online advertising.
The largest U.S. provider of Internet access has steadily lost subscribers to high-speed services offered by cable operators and phone companies, and hopes to counter that trend by tapping a burgeoning online ad market.
The AOL transition is set to be completed in early September. High-speed subscribers who have paid about $15 per month to use AOL’s Web services will now get them for free.
