Feeds

Sky 'to bid' for Tiscali

The neverending auction

Remote control for virtualized desktops

Updated We're indebted to The Sunday Times for a reminder that Tiscali is still for sale.

According to the paper, Sky has entered "exclusive" talks to buy the UK ISP business for an "indicative price" of £450m. Due diligence could bring the figure down.

Acquiring Tiscali's 1.8 million subscribers would boost Sky from fifth to third largest broadband provider with a total of 3.6 million, just behind Virgin Media.

It would also offer a short cut to competing for those internet users who don't want satellite TV. Sky's put its own "Picnic" plans to attack the wider market on ice in September, blaming Ofcom.

There's no word on whether Sky would seek to transfer Tiscali's customers to the superior Easynet network, which it bought when it moved on the ISP business in 2006. Judging by the constant stream of Tiscali network gripes reaching El Reg, it would be a popular decision with punters.

Several potential buyers including Vodafone and Carphone Warehouse have been linked with bids for Tiscali since it was put on the block at the end of February. Sale deadlines have been set by the firm's Italian bosses, and missed.

Sky's press reps were not immediately available for comment today. ®

Update

Tiscali released this statement on Monday:

With regard to what has been reported by the press and following Consob's request, Tiscali clarifies that it is currently holding talks with the BSkyB Group plc in relation to certain UK assets.

Consob is Italy's stock exchange authority.

Choosing a cloud hosting partner with confidence

More from The Register

next story
Mighty Blighty broadbanders beg: Let us lay cable in BT's, er, ducts
Complain to Ofcom that telco has 'effective monopoly'
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
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.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
10 threats to successful enterprise endpoint backup
10 threats to a successful backup including issues with BYOD, slow backups and ineffective security.
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?
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.