Tech
Tiscali, Homechoice merger confirmed
Published Monday, Aug 14 2006, 14:48 BST | By James Welsh
Tiscali has confirmed a merger agreement with Video Networks, the parent company of DSL TV and broadband internet provider Homechoice.
The merged entity will possess a local-loop unbundled network covering 300 BT exchanges and 220,000 customers. In total, the company will have 1.3m DSL internet subscribers, 45,000 of which are also Homechoice TV subscribers.
Tiscali plans to use Homechoice as its route into the triple-play market, offering IPTV service alongside broadband internet and telephony packages.
"This agreement represents a very important step for the Tiscali Group not only in the UK market, where Tiscali's position would be further strengthened, but also in the other markets, allowing Tiscali to position itself as a true Triple Play operator," said Tiscali Group CEO Tommaso Pompei. "The Triple Play offer in the UK will be launched by the end of the year and will be immediately followed by the launch of the service in Italy and then in the other markets."
The merged entity will possess a local-loop unbundled network covering 300 BT exchanges and 220,000 customers. In total, the company will have 1.3m DSL internet subscribers, 45,000 of which are also Homechoice TV subscribers.
Tiscali plans to use Homechoice as its route into the triple-play market, offering IPTV service alongside broadband internet and telephony packages.
"This agreement represents a very important step for the Tiscali Group not only in the UK market, where Tiscali's position would be further strengthened, but also in the other markets, allowing Tiscali to position itself as a true Triple Play operator," said Tiscali Group CEO Tommaso Pompei. "The Triple Play offer in the UK will be launched by the end of the year and will be immediately followed by the launch of the service in Italy and then in the other markets."
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