Feeds

Tiscali 'flogs French ISP'

Telecom Italia new owner, apparently

  • alert
  • submit to reddit

Secure remote control for conventional and virtual desktops

Tiscali has flogged its French operation to Telecom Italia for between €250m and €300m, according to press reports.

The acquisition of Tiscali's Liberty Surf unit should be signed on Thursday reports Il Corriere della Sera via AFX newswire.

According to press reports a number of suitors - including Neuf Telecom, Cegetel and Deutsche Telekom - have all been sniffing around Tiscali France. For them, the acquisition of this major ISP would be a useful way to increase their subscriber base in an increasingly competitive market.

Said analysts Ovum: "The valuation, number and identity of contenders tell much on the current state of the French ADSL market. The premium paid to win the third-ranking French player shows the competitive pressure felt by sub-scale players."

For Tiscali, the motivation for flogging its French operation is simple. While it has already disposed of non-core country businesses such as Austria, Denmark, Norway and Sweden to raise cash, it does have the pressing matter of a €250m loan which needs to be repaid by the summer. ®

Related stories

186k takes over 200 Tiscali UK VISPS
Tiscali denies France sell-off reports
Tiscali OKs H1 numbers
Tiscali chops off Swiss arm
Lycos Europe buys Tiscali Sweden
Tiscali Norway flogged
Tiscali flogs South African ISP

Secure remote control for conventional and virtual desktops

More from The Register

next story
Brit telcos warn Scots that voting Yes could lead to HEFTY bills
BT and Co: Independence vote likely to mean 'increased costs'
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
New 'Cosmos' browser surfs the net by TXT alone
No data plan? No WiFi? No worries ... except sluggish download speed
Radio hams can encrypt, in emergencies, says Ofcom
Consultation promises new spectrum and hints at relaxed licence conditions
Blockbuster book lays out the first 20 years of the Smartphone Wars
Symbian's David Wood bares all. Not for the faint hearted
Bonking with Apple has POUNDED mobe operators' wallets
... into submission. Weve squeals, ditches payment plans
'Serious flaws in the Vertigan report' says broadband boffin
Report 'fails reality test' , is 'simply wrong' and offers ''convenient' justification for FTTN says Rod Tucker
This flashlight app requires: Your contacts list, identity, access to your camera...
Who us, dodgy? Vast majority of mobile apps fail privacy test
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
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?
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.