Feeds

Tiscali UK to invest £61m in LLU

First exchanges due this summer

  • alert
  • submit to reddit

Internet Security Threat Report 2014

Tiscali is to plough €90m (£61m) into unbundled broadband services in the UK over the next three years as part of a renewed effort to secure a sizeable share of this ever-growing sector. The Italian-based ISP plans to cherry-pick the most lucrative exchanges in the UK to develop its "selective unbundled network".

Tiscali UK is currently installing its kit directly into 27 BT exchanges as part of its first phase of local loop unbundling (LLU). These exchanges, which service densely populated towns and cities, should be ready to provide unbundled broadband services direct to punters bypassing BT's network by the end of May.

In a statement today Tiscali said: "The UK is an extremely attractive market, offering substantial growth opportunities which Tiscali plans to seize through significant investments, spending around €90 million over the next three years, on developing its selective unbundled network."

While this means that Tiscali UK should be able to offer competitive broadband services similar to the ones announced by another LLU ISP - UK Online - which unveiled an entry-level service for under £10 a month. The downside for punters, though, is the limited availability of these services.

Overall, Tiscali said it plans to invest more than €300 million in its core country operations - Italy, UK, The Netherlands, and Germany - principally on developing and completing unbundled network infrastructure.

The investment forms part of Tiscali's business plan until 2007 which "accelerates growth in the four key countries - Italy, United Kingdom, Netherlands and Germany."

Having flogged a string of non-core businesses and most recently its French operation to Telecom Italia for €266m, Tiscali has now got enough cash to pay off a loan due this summer and invest further in its business.

Said the ISP in a statement: "The disposal of non core assets, the capital increase in December 2004 and the sale of the French subsidiary Liberty Surf Group gives Tiscali the necessary resources to redeem the bonds due in July 2005 and to finance the projected growth and investments in 2005." ®

Related stories

Mixed messages over cheap broadband offer
Broadband under a tenner at UK Online
Tiscali confirms sale of French opo - finally
Tiscali UK expells 500 broadband hogs
Tiscali UK slips open broadband price promo kimono

Internet Security Threat Report 2014

More from The Register

next story
Download alert: Nearly ALL top 100 Android, iOS paid apps hacked
Attack of the Clones? Yeah, but much, much scarier – report
Broadband sellers in the UK are UP TO no good, says Which?
Speedy network claims only apply to 10% of customers
Virgin Media struck dumb by NATIONWIDE packet loss balls-up
Turning it off and on again fixes glitch 12 HOURS LATER
Yahoo! blames! MONSTER! email! OUTAGE! on! CUT! CABLE! bungle!
Weekend woe for BT as telco struggles to restore service
Fujitsu CTO: We'll be 3D-printing tech execs in 15 years
Fleshy techie disses network neutrality, helmet-less motorcyclists
Facebook, working on Facebook at Work, works on Facebook. At Work
You don't want your cat or drunk pics at the office
Soz, web devs: Google snatches its Wallet off the table
Killing off web service in 3 months... but app-happy bonkers are fine
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
5 critical considerations for enterprise cloud backup
Key considerations when evaluating cloud backup solutions to ensure adequate protection security and availability of enterprise data.
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.
Simplify SSL certificate management across the enterprise
Simple steps to take control of SSL across the enterprise, and recommendations for a management platform for full visibility and single-point of control for these Certificates.