The Register® — Biting the hand that feeds IT

Feeds

Tiscali bets a bundle on Homechoice

If anyone says triple-play again, I'll slap them

Regcast training : Hyper-V 3.0, VM high availability and disaster recovery

European ISP Tiscali has bought Homechoice, which offers broadband and video-on-demand to customers in London and Stevenage.

Tiscali will start offering its UK subscribers TV services by the end of the year. Services will then begin in Italy and other territories.

Video Networks, the parent of Homechoice, gets an 11.5 per cent stake in Tiscali. This could increase to 20 per cent if targets are met, valuing Homechoice at roughly £100m. The company was taken over by Chris Larson - the fourth employee at Microsoft.

Tiscali has about 10 per cent of the UK broadband market and the purchase of Homechoice might help it fight off competition in an increasingly aggressive market.

Homechoice has been looking for a new owner for some time. BSkyB and ntl, as well as mobile networks Orange and Vodafone, were all mentioned as potential suitors.

More on The Telegraph here. ®

What you need to know about cloud backup

More from The Register

 breaking news
UK telcos chuck another £1m at online child abuse watchdog
Web enforcers IWF gain power to seek and destroy illegal content
 breaking news
Pttow! Ofcom kicks hams out of MoD bands
Geet off my land, you, you ... 'secondary user'
 breaking news
Now you can use your phone instead of your wallet at the ATM, too
Blimey, these little paper towels out of the vending machine are really expensive
 breaking news
UK.gov's £530m bumpkin broadband rollout: 'Train crash waiting to happen'
Whitehall whispers of damning watchdog report next month
Google launches broadband balloons, radio astronomy frets
A careless Loon could blind the square kilometre array
 breaking news
MySpace zaps millions of teens' tearful rants, causes wave of angst
'Your crappy redesign SUCKS, I wanna read my blogs' screech users
 breaking news
Microsoft Office 365 on iPhone NOW: No, we're not making this up
Word, Excel, Powerpoint for your pocket-stroker
Increased cell phone coverage tied to uptick in African violence
'Significantly and substantially increases the probability of violent conflict'
 breaking news