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September 22, 2006

* New York-based Time Warner Inc. said it had agreed to sell AOL France's Internet access business to Neuf Cegetel, a French telecommunications network operator, for about $365 million in cash.

* Mexico's largest fixed-line phone company, Telefonos de Mexico, or Telmex, has named Hector Slim Seade as chief executive. Slim Seade, a nephew of Telmex's billionaire owner, Carlos Slim Helu, had been director of operational support at Telmex since 1998 and was also responsible for most of the company's subsidiaries.

* Adelphia Communications Corp. won U.S. Bankruptcy Court approval to pay Chief Executive William Schleyer as much as $16.6 million in bonuses to encourage him to stay until the Greenwood, Colo.-based cable operator winds down operations.

* Video game publisher Electronic Arts Inc. of Redwood City, Calif., said it formed a partnership with Montreal-based DTI Software to provide video games on airliners. Terms were not disclosed.

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