In the latest twist in the ongoing saga of the Time Warner/AOL merger, the media group has struck a deal to provide America’s second largest ISP Earthlink with high-speed web access over its cable TV systems.
The move is an attempt to satisfy the Federal Trade Commission that the merger would not block access to Time Warner’s systems for AOL’s rivals.
Although details of the deal are unknown, Earthlink stated that it covered TVs and other appliances beyond personal computers. Commented chief executive Garry Betty: “Time Warner in good faith has come forward with an arrangement that we think can be a model for others,” adding, “we have no objections to their deal [with AOL] going forward”.
The companies also extended their deadline for the FTC review by two weeks, adding that the merger might not be completed until early next year.
News source: New York Times