No Bids for Tiscali
But the carrier, which has more than 1.8 million broadband customers in the U.K. and more than 550,000 in Italy, noted in a short public statement that, at present, "there are no formal offers by operators neither for the whole Group nor for individual assets."
Broadband customer bases have attracted a lot of M&A attention in the past few years, so, depending on the valuations, there's a good chance Tiscali and Telecom Italia (TIM) , which is trying to offload its French broadband business, will find some interested parties. (See Alice Attracts Suitors.)
— Ray Le Maistre, International News Editor, Light Reading