Feeds

Tiscali remains in the red

Oh well

  • alert
  • submit to reddit

Secure remote control for conventional and virtual desktops

Sardinia-based ISP Tiscali remains in the red despite posting a modest improvement in figures.

Earlier this year the pan-European ISP was cock-a-hoop when it reported that it had scraped into the black for Q1. However, those giddy times were short-lived as the ISP plunged back into the red during Q2.

Today, it has published its results for the three months to September and reports that revenues slipped in at €179.9m, 4.3 per cent ahead of the previous quarter but 5 per cent lower than Q3 2001.

Revenues from Internet access - which account for two thirds of Tiscali's revenues - remained flat in Q3 at €121.7 million.

Portal revenues hit €9.4m, up 23 per cent on the previous quarter despite continuing problems with the advertising market. The ISP also saw an increase in revenue from its B2B operation.

Losses before interest, taxation etc (LBITDA) fell to €3.6m, down 62 per cent compared to Q2.

Tiscali claims today's results "bear out the validity of the company’s business model" and confirm the company as a "leading European internet services provider".

With around 125,000 ADSL users in Europe at the end of September, Tiscali believes the roll-out of its broadband products in UK, France, Germany is "satisfactory".

The number of broadband subscribers is growing by around 8,000 a week and it predicts it will have around 220,000 by the end of the year.

No country break-down of broadband subscriber numbers was available at the time of writing. ®

Related Story

Tiscali culls half of Danish staff
Tiscali slips back into the red

Providing a secure and efficient Helpdesk

More from The Register

next story
The 'fun-nification' of computer education – good idea?
Compulsory code schools, luvvies love it, but what about Maths and Physics?
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Lords take revenge on REVENGE PORN publishers
Jilted Johns and Jennies with busy fingers face two years inside
Ex-US Navy fighter pilot MIT prof: Drones beat humans - I should know
'Missy' Cummings on UAVs, smartcars and dying from boredom
Yes, yes, Steve Jobs. Look what I'VE done for you lately – Tim Cook
New iPhone biz baron points to Apple's (his) greatest successes
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
Edward who? GCHQ boss dodges Snowden topic during last speech
UK spies would rather 'walk' than do 'mass surveillance'
Doctor Who's Flatline: Cool monsters, yes, but utterly limp subplots
We know what the Doctor does, stop going on about it already
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.