Feeds

Tiscali OKs H1 numbers

That's it

  • alert
  • submit to reddit

Internet Security Threat Report 2014

Tiscali execs have have rubber-stamped the ISP's results for the first half of the year (H1). The figures - broadly in line with the numbers released for Q2 results - show that H1 revenues rose 25 per cent to €538m (£365m) compared to a year ago.

Despite this improvement, Tiscali only managed to shave a couple of million off its pre-tax loss - down from €141.6m (£96m) to €134.3m (£91m) for the first six months of the year.

Still, Tiscali's had a busy time since then. It's flogged five of its under-performing country operations (Austria, South Africa, Norway, Sweden and most recently Switzerland) for more than €80m (£54m). And the company has also appointed banker Vittorio Serafino as executive chairman of Tiscal,i following the resignation of Renato Soru to pursue a political career in his native Sardinia.

Tiscali is looking to generate €1.2bn (£820m) in revenue for 2004 and see the number of broadband subscribers swell to 1.7m. ®

Related stories

Tiscali chops off Swiss arm
Lycos Europe buys Tiscali Sweden
Tiscali Norway flogged
Tiscali flogs South African ISP
Tiscali to squeeze overheads as losses swell

Beginner's guide to SSL certificates

More from The Register

next story
WHY did Sunday Mirror stoop to slurping selfies for smut sting?
Tabloid splashes, MP resigns - but there's a BIG copyright issue here
Spies, avert eyes! Tim Berners-Lee demands a UK digital bill of rights
Lobbies tetchy MPs 'to end indiscriminate online surveillance'
How the FLAC do I tell MP3s from lossless audio?
Can you hear the difference? Can anyone?
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
EU to accuse Ireland of giving Apple an overly peachy tax deal – report
Probe expected to say single-digit rate was unlawful
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
prev story

Whitepapers

A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.