Feeds

Carphone Warehouse mulls Tiscali bid, report claims

Come on down

Build a business case: developing custom apps

Carphone Warehouse is mulling a bid for Tiscali's UK broadband user base, according to a report. The Italian group is running for the exit from the low-margin consumer ISP market.

A Times source confirmed CPW is considering swallowing Tiscali's two million-plus customers if they're on the block "at the right price".

The six companies that currently control 95 per cent of the UK ISP market would be cut to five.

A deal for fourth-placed Tiscali would make CPW the UK's largest broadband provider. Its 4.6 million subscribers would mean it would leapfrog BT and Virgin Media in the rankings. It is currently placed third after its last big acquisition of AOL's broadband base, at the tail end of 2006 for £370m.

Blighty accounts for two thirds of Tiscali group revenues. Italian press reports over the weekend said top brass expect to find a buyer for the business by the end of April and on Monday the group said it had hired JP Morgan to broker negotiations.

At this stage of the sale, however, just about everyone in the ISP game is being linked to interest in Tiscali UK. Consumer broadband provision is now simply a numbers game: the more you have, the tighter you can squeeze your costs. ®

The essential guide to IT transformation

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 accused of silencing customer gripes on social media pages
Hello. HELLO. Can EVERYTHING EVERYWHERE HEAR ME?!
Time Warner Cable customers SQUEAL as US network goes offline
A rude awakening: North Americans greeted with outage drama
Shoot-em-up: Sony Online Entertainment hit by 'large scale DDoS attack'
Games disrupted as firm struggles to control network
BT customers face broadband and landline price hikes
Poor punters won't be affected, telecoms giant claims
Netflix swallows yet another bitter pill, inks peering deal with TWC
Net neutrality crusader once again pays up for priority access
prev story

Whitepapers

Top 10 endpoint backup mistakes
Avoid the ten endpoint backup mistakes to ensure that your critical corporate data is protected and end user productivity is improved.
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.
Backing up distributed data
Eliminating the redundant use of bandwidth and storage capacity and application consolidation in the modern data center.
The essential guide to IT transformation
ServiceNow discusses three IT transformations that can help CIOs automate IT services to transform IT and the enterprise
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.