Feeds

Tiscali leaving Germany: rumour

Auf wiedersehen

5 things you didn’t know about cloud backup

Internet provider Tiscali is considering leaving the German market to concentrate on its Italian and British operations.

According to Italian news agency Ansa, quoting inside sources, the Italian parent group has already commissioned a bank to sell its German division.

Tiscali won't comment on the rumours.

Although the German arm of Tiscali managed sales of just under €20m, it posted a loss of €2.8m in Q1 of 2006. Last year, Tiscali was still considering whether or not to make its own DSL network in Germany.

Italian-literate Reg readers can read more here.

Tiscali hasn't done particularly well in Europe, with the exception of Italy and the UK. The German market in particular is difficult for Tiscali, although it is not the only ISP suffering.

Time Warner recently hired Citigroup to explore the sale or restructuring of its entire AOL Europe unit, including AOL Germany.

Merrill Lynch yesterday downgraded Tiscali to "sell" from "neutral" after Tiscali announced a deal with Video Networks International in the UK.

The bank thinks the UK is a competitive market "with a raft of high profile new entrants on the broadband market" and Tiscali would profit more from asset sales. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
So, Apple won't sell cheap kit? Prepare the iOS garden wall WRECKING BALL
It can throw the low cost race if it looks to the cloud
EE fails to apologise for HUGE T-Mobile outage that hit Brits on Friday
Customer: 'Please change your name to occasionally somewhere'
Time Warner Cable customers SQUEAL as US network goes offline
A rude awakening: North Americans greeted with outage drama
We need less U.S. in our WWW – Euro digital chief Steelie Neelie
EC moves to shift status quo at Internet Governance Forum
BT customers face broadband and landline price hikes
Poor punters won't be affected, telecoms giant claims
prev story

Whitepapers

Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Advanced data protection for your virtualized environments
Find a natural fit for optimizing protection for the often resource-constrained data protection process found in virtual environments.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.