AOL UK is looking for a buyer after being put up for sale by it's owners Time Warner.

After months of uncertainty investment bank Citigroup have been given the task of trying to find someone with deep pockets to take the ISP off their hands.
And when we say deep we mean deep, recently Google bought a 5% stake in AOL for a cool £540 million.

AOL UK has 2.2m customers, of which 1.3m connect via broadband, this makes the third largest UK ISP behind BT, and recently merged ntl/Telewest. It has 500 staff in Britain with a further 800 at a call centre in Ireland.

The British business is profitable, although specific figures have never been spelt out. AOL would prefer a buyer willing to allow it to continue to operate a content business in Britain, based around its portal.