Tiscali may sell broadband business
Suggests sell-off is possible
1 March 2008 18:43 GMT / By Katie Scott
Tiscali's two-million UK broadband subscribers may soon be ringing another ISP when their connection goes down if reports on the web are to be believed.
Tiscali is facing a shake-up following the departure of its CEO, Tomasso Pompei, and his replacement by board member Mario Rosso.
In a cryptic statement, the company says it now plans to "explore options to create value for shareholders connected with the process of consolidation taking place in the European telecommunications sector".
Bloggers are already translating this as a hint that Tiscali is going to sell off its broadband business - which will affect both its customers and those who signed up to Pipex - which was bought by Tiscali last July.
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