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Friday, May 8, 2009

Carphone Warehouse confirms Tiscali UK takeover

The Carphone Warehouse’s TalkTalk business is buying the UK operation of internet service provider Tiscali for £236 million. This will make TalkTalk the UK's largest residential broadband provider with 4.25 million customers. The deal should be completed by the end of June, subject to approval by the EU competition authority and Tiscali’s debt restructuring being accepted. Tiscali is currently the UK’s fifth largest ISP, with 1.45 million UK internet customers using the Tiscali, Pipex, Nildram and Freedom2Surf brands, while TalkTalk has 2.8 million broadband customers. [Press release; consumer welcome]

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1 comments on article "Carphone Warehouse confirms Tiscali UK takeover"

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Mark

7/6/2009 12:39 PM

The takeover happened on Friday 3rd July:
www.cpwplc.com/phoenix.zhtml?c=123964&p=irol-rnsArticle&ID=1304447&highlight=

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