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  <TITLE> America Online Latin America, Inc. (Form: 8-K) </TITLE>
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  		UNITED STATES<BR>
  	SECURITIES AND EXCHANGE COMMISSION
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  	WASHINGTON, D.C. 20549
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  	FORM 8-K
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  	CURRENT REPORT
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  	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
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  	Date of Report (Date of Earliest Event Reported):
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  	&nbsp;
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  	March 1, 2006
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  	America Online Latin America, Inc.
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  <BR>__________________________________________<BR>
  	(Exact name of registrant as specified in its charter)
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  	Delaware
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  	000-31181
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  	65-0963212
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  _____________________<BR>
  	(State or other jurisdiction
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  _____________<BR>
  	(Commission
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  ______________<BR>
  	(I.R.S. Employer
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  	of incorporation)
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  	File Number)
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  	Identification No.)
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  	&nbsp;&nbsp;
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  	6600 N. Andrews Avenue, Suite 300, Fort Lauderdale, Florida
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  	33309
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  _________________________________<BR>
  	(Address of principal executive offices)
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  	&nbsp;
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  ___________<BR>
  	(Zip Code)
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  	Registrant&#146;s telephone number, including area code:
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  	954-689-3000
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  	Not Applicable
  <BR>______________________________________________<BR>
  	Former name or former address, if changed since last report
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  	&nbsp;
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  <!-- CoverPageRegistrant END --><P><FONT SIZE="2">
  Check the appropriate box below if the Form 8-K filing is intended to
  simultaneously satisfy the filing obligation of the registrant under any
  of the following provisions:</FONT>
  </P>
  <P><FONT SIZE="2">
  [&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
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  	Item 1.01 Entry into a Material Definitive Agreement.
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  On March 1, 2006, America Online Latin America, Inc.'s ("AOLA") subsidiary in Mexico, AOL, S. de R.L. de C.V. ("AOL Mexico"), entered into an Assignment Agreement (the "Agreement") with Alestra, S. de R.L. de C.V. ("Alestra"). Pursuant to the Agreement, AOL Mexico will assign its monthly and prepaid subscriber base to Alestra.<br><br>As consideration for the transfer of AOL Mexico's monthly subscribers, Alestra will make one payment to AOL Mexico based on the number of monthly subscribers who are current in their payments on the date the subscribers are transferred to Alestra and a second payment based on the number of subscribers who are current in their payments to Alestra six months later. Alestra will pay AOL Mexico a fee for each prepaid subscriber who renews on an Alestra prepaid plan or subscribes to a monthly dial-up or broadband plan.  Since Alestra is assuming the obligation to provide services to prepaid subscribers, Alestra will receive a non-cash credit per prepaid subscriber for the number of days on which such prepaid subscriber receives services from Alestra. The aggregate amount that AOL Mexico expects to receive under the Agreement is approximately $900,000. However, due to the variability in the rates of renewals by prepaid subscribers and in the retention of, and payment by, monthly subscribers and in the range of plans to which renewing prepaid subscribers can subscribe, the foregoing amount is merely an estimate.<br><br>Either Alestra or AOL Mexico can terminate the Agreement at its sole discretion on or before March 24, 2006 upon notice to the other party, subject to certain conditions. The closing of the Agreement is subject to a number of conditions, including the approval of the United States Bankruptcy Court for the District of Delaware. <br><br>
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  	SIGNATURES
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  	Pursuant to the requirements of the Securities Exchange Act of 1934, the
  	registrant has duly caused this report to be signed on its behalf by the
  	undersigned hereunto duly authorized.
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  	America Online Latin America, Inc.
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  	&nbsp;&nbsp;
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  <I>
  	March 6, 2006
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  	By:
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  <I>
  	/s/ Mario Martin Lanzoni
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  <I>
  	Name: Mario Martin Lanzoni
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  	Title: Controller and Treasurer
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metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "htm_10783.htm", "description": "LIVE FILING", "secsgml_size_bytes": 10083}]
metadata_filer: {"company-data": {"conformed-name": "AMERICA ONLINE LATIN AMERICA INC", "cik": "0001100395", "assigned-sic": "7370", "irs-number": "650963212", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-31181", "film-number": "06670386"}, "business-address": {"street1": "6600 N ANDREWS AVE", "street2": "STE 500", "city": "FORT LAUDERDALE", "state": "FL", "zip": "10013", "phone": "9547720002"}, "mail-address": {"street1": "6600 N ANDREWS AVENUE", "street2": "SUITE 500", "city": "FORT LAUDERDALE", "state": "FL", "zip": "10013"}}
text: America Online Latin America, Inc. (Form: 8-K)
  UNITED STATES
  SECURITIES AND EXCHANGE COMMISSION
  WASHINGTON, D.C. 20549
  FORM 8-K
  CURRENT REPORT
  Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
  Date of Report (Date of Earliest Event Reported):
  March 1, 2006
  America Online Latin America, Inc.
  __________________________________________
  (Exact name of registrant as specified in its charter)
  Delaware
  000-31181
  65-0963212
  _____________________
  (State or other jurisdiction
  _____________
  (Commission
  ______________
  (I.R.S. Employer
  of incorporation)
  File Number)
  Identification No.)
  6600 N. Andrews Avenue, Suite 300, Fort Lauderdale, Florida
  33309
  _________________________________
  (Address of principal executive offices)
  ___________
  (Zip Code)
  Registrant's telephone number, including area code:
  954-689-3000
  Not Applicable
  ______________________________________________
  Former name or former address, if changed since last report
  Check the appropriate box below if the Form 8-K filing is intended to
  simultaneously satisfy the filing obligation of the registrant under any
  of the following provisions:
  [  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  [  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  [  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  [  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
  Top of the Form
  Item 1.01 Entry into a Material Definitive Agreement.
  On March 1, 2006, America Online Latin America, Inc.'s ("AOLA") subsidiary in Mexico, AOL, S. de R.L. de C.V. ("AOL Mexico"), entered into an Assignment Agreement (the "Agreement") with Alestra, S. de R.L. de C.V. ("Alestra"). Pursuant to the Agreement, AOL Mexico will assign its monthly and prepaid subscriber base to Alestra.
  As consideration for the transfer of AOL Mexico's monthly subscribers, Alestra will make one payment to AOL Mexico based on the number of monthly subscribers who are current in their payments on the date the subscribers are transferred to Alestra and a second payment based on the number of subscribers who are current in their payments to Alestra six months later. Alestra will pay AOL Mexico a fee for each prepaid subscriber who renews on an Alestra prepaid plan or subscribes to a monthly dial-up or broadband plan.  Since Alestra is assuming the obligation to provide services to prepaid subscribers, Alestra will receive a non-cash credit per prepaid subscriber for the number of days on which such prepaid subscriber receives services from Alestra. The aggregate amount that AOL Mexico expects to receive under the Agreement is approximately $900,000. However, due to the variability in the rates of renewals by prepaid subscribers and in the retention of, and payment by, monthly subscribers and in the range of plans to which renewing prepaid subscribers can subscribe, the foregoing amount is merely an estimate.
  Either Alestra or AOL Mexico can terminate the Agreement at its sole discretion on or before March 24, 2006 upon notice to the other party, subject to certain conditions. The closing of the Agreement is subject to a number of conditions, including the approval of the United States Bankruptcy Court for the District of Delaware.
  Top of the Form
  SIGNATURES
  Pursuant to the requirements of the Securities Exchange Act of 1934, the
  	registrant has duly caused this report to be signed on its behalf by the
  	undersigned hereunto duly authorized.
  America Online Latin America, Inc.
  March 6, 2006
  By:
  /s/ Mario Martin Lanzoni
  Name: Mario Martin Lanzoni
  Title: Controller and Treasurer