Carphone Warehouse linked to Tiscali buy-up (again)

[gem]

From The Regester

Carphone Warehouse linked to Tiscali buy-up (again)
Wake us when it's over
By Chris Williams 27th April 2009 14:51 GMT
Tiscali shares were given a boost today on the Italian stock exchange by reports that it is once again close to a deal to offload its UK operation to Carphone Warehouse.
Tiscali has been trying to sell its almost 1.8m subscribers for over a year, and Carphone Warehouse has been named as a suitor throughout. Italian papers said today its interest was renewed.
A deal would see Carphone Warehouse leapfrog Virgin Media to become the country's second largest broadband provider behind BT.
Sky and Vodafone reportedly pulled out of acquisition talks with Tiscali after balking at its £550m asking price. On Friday The Telegraph said Carphone Warehouse was now offering about £200m.
Tiscali's Italian owners now need the cash urgently to service its massive debts. Bankers agreed to suspend interest payments earlier this month to allow it to sort out its finances.
Soon after, auditors refused to validate Tiscali's annual accounts, citing fears it might go titsup. ®

[tommy t]

Well it would make one thing clear,They both are crap isp's and suck big time,lol Who else would even consider buying such a company as tiscali,complete with a p**s poor rep as they have??unless they just want the customer base and bin tiscali brand altogether?
but even that would spell disaster,as most ip data stream is over contended in the uk.
Tiscali even more so,=== too many paying customers &not enough bandwidth free when they wish to use it =24/7 and their llu equip is not the best either,as tiscali and the likes of just like to take the coin each month and invest as little as possible back in to the company's infrastructure, hence overseas call center,bare min cust service,low speeds throttled p2p and drop outs frequently,i'm really glad i saw the light and got a proper isp