A Broadband and ADSL forum. BroadbanterBanter

Welcome to BroadbanterBanter.

You are currently viewing as a guest which gives you limited access to view most discussions and other FREE features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload your own photos and access many other special features. Registration is fast, simple and absolutely free so please, join our community today.

Go Back   Home » BroadbanterBanter forum » Newsgroup Discussions » uk.telecom.broadband (UK broadband)
Site Map Home Register Authors List Search Today's Posts Mark Forums Read Web Partners

uk.telecom.broadband (UK broadband) (uk.telecom.broadband) Discussion of broadband services, technology and equipment as provided in the UK. Discussions of specific services based on ADSL, cable modems or other broadband technology are also on-topic. Advertising is not allowed.

"Tiscali confirms BSkyB sale talks"



 
 
Thread Tools Display Modes
  #1  
Old November 3rd 08, 11:59 PM posted to uk.telecom.broadband
kim
external usenet poster
 
Posts: 273
Default "Tiscali confirms BSkyB sale talks"

" Broadband provider Tiscali has confirmed talks over selling its UK
business to broadcasting giant BSkyB.
Tiscali currently has 1.8 million broadband customers in the UK - making it
the fourth largest player - although its market share is believed to have
come under recent pressure.

The Italian firm said: "Tiscali clarifies that it is currently holding talks
with the BSkyB Group plc in relation to certain UK assets." The statement
came after weekend reports of exclusive talks between the duo over a 450
million deal.

Tiscali has been up for sale since it launched a strategic review in
February. Sky put forward an indicative offer of 450 million, according to
The Sunday Times, which could make the broadcaster the third biggest player
in the market behind BT and Virgin Media.

Carphone Warehouse is said to have pulled out of the bidding. [Thank Christ
for that, their servers are overloaded enough already] Other competitors
understood to have walked away from the auction include Vodafone and BT.

Vodafone had been seen as a strong bidder earlier in the process, as the
group was reportedly the only player interested in buying both Tiscali's UK
and Italian broadband operations.

Groups interested in Tiscali's Italian operations are thought to include
Wind, Italy's third biggest mobile operator, and Swisscom, which owns
Italy's Fastweb.

Tiscali was at one stage expected to fetch about 1.6 billion euros (1.3bn),
with the price tag for the UK business alone seen as being more than 500
million.

BSkyB said on unveiling quarterly results last Friday that its broadband
customer numbers had soared to 1.8 million, with one in five Sky customers
taking up the service.

Its total customer numbers topped nine million after it added 87,000 new
customers in the three months to September 30 in the group's best
first-quarter performance for five years. "

(kim)


  #2  
Old November 4th 08, 04:45 PM posted to uk.telecom.broadband
R. Mark Clayton
external usenet poster
 
Posts: 699
Default "Tiscali confirms BSkyB sale talks"


"kim" wrote in message
...
" Broadband provider Tiscali has confirmed talks over selling its UK
business to broadcasting giant B$kyB.

SNIP

So for Tiscala customers it is a case of out of the frying pan and into the
fire!


 




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
SPEWS SLIMES "WindsorFox", "Kevin-!:?)", "Spin Dryer" get the cold shoulder at broadband ng! SneakyP uk.telecom.broadband (UK broadband) 0 November 29th 05 11:46 PM


All times are GMT +1. The time now is 11:58 AM.


Powered by vBulletin® Version 3.6.4
Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.Content Relevant URLs by vBSEO 2.4.0
Copyright 2004-2019 BroadbanterBanter.
The comments are property of their posters.