Easynet, UK Online in merger talks

In a prepared statement to the London Stock Exchange, the company said it is: "in discussions with... UK Online. The talks concern the possibility of co-operation or merger or acquisition in light of current consolidation in the Internet industry."

Easynet last month said it had grown its dial-up subscription base to 7,500 and had revenues of nearly £627,000 for the first six months of 1996. The company floated in March 1996 and acquired Brighton-based Pavilion Internet in July.