Tiscali buys Pipex

PineBox

14-07-2007

More potential customers for Tiscali TV

Originally Posted by media guardian:
“Tiscali has acquired rival Pipex's broadband and telephony operation in a deal worth £210m, the latest consolidation in the UK market.

The move will boost Tiscali's broadband customer base from about 1.5 million to 1.9 million.
Tiscali, which expanded into TV provision with the takeover of Homechoice-owner Video Networks in a £60m deal last year, is hoping that buying Pipex will allow it to emulate Sky's successful cross-marketing of products.”

Source http://media.guardian.co.uk/newmedia...126003,00.html

Rufus Londinii

10-08-2007

http://www.thinkbroadband.com/news/3...confirmed.html

A quick update for anyone following the Tiscali takeover of Pipex's broadband business--Following an EGM, Pipex shareholders have today voted in favour of the sale of the Pipex broadband and voice services to Tiscali UK today. The announcement to sell was made back in July with a price tag of £210 million. Pipex and Tiscali do not expect any restrictions to the sale although they voluntarily alerted the OFT to ensure a green light as soon as possible. Whether Tiscali will keep any of the existing brands or merge everything under the Tiscali banner isn't known at present. The full announcement can be found at http://www.londonstockexchange.com/L...spx?id=1552176