Could Tiscali Be Selling Broadband Business?

Filed under: Business, News | By: Emma
Posted on: March 4, 2008 | No Comments

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It looks as if the two million customers that Tiscali have could be ringing another ISP, if the reports are true that the business is for sale. The company is facing a shake up after the departure of CEO, Tomasso Pompei and his replacement Mario Rosso.

“Explore options to create value for shareholders connected with the process of consolidation taking place in the European telecommunications sector”. Is what the company says it is now going to do. A lot of people are already translating this to mean that the company will be for sale, how will the customers be affected?

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