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Update: Company delays statement on what it means for UK users
Tiscali UK, Britain's third largest DSL broadband provider, made no comment today about news that its Italian parent company has been suspended from trading for "excessive losses".
The service provider, which claims 1.2 million UK broadband customers, announced on Friday that is asking bankers to suspend interest payments following the breakdown of talks with BSkyB on the purchase of its UK arm.
It blamed the breakdown on a deterioration in market conditions. Analysts quoted by Reuters said a sale was likely to go ahead, but not necessarily under terms shareholders will like.
A spokesman for the company said a statement will probably be issued tomorrow.
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is service affected ?
hi, will this affect tiscali phone home phone users aswell ? we have tiscali phone ,but nothing else from them . will my phone still work,just transfer back to bt or something similar /
Posted by dave s, 10 Mar 2009
tiscali suspension
how will this affect users of tiscali owned companies like pipex ?
Posted by jbd21, 25 Mar 2009