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Tough times for Tiscali

Written on Tuesday, March 10th, 2009 at 8:22 am by FileSaveAs
Filed under Uncategorized.

Internet Provider Tiscali is struggling. Dealing of shares in Tiscali on the Italian stock market have been suspended, and the company has debts totalling around £450 million.

Tiscali’s been in talks with Sky to sell off their Broadband business, but those talks collapsed earlier in March.

What would a collapse of Tiscali mean to its 1.7 million UK Internet customers? The most likely outcome is that the customers would be snapped up at a bargain price by another UK provider.

More on UK Internet Providers on our UK ISP page.

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