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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"

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Old November 3rd 08, 11:59 PM posted to uk.telecom.broadband
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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

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. "


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.


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


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