Tech
Tiscali, the internet service provider and owner of IPTV provider Homechoice, has put its UK operations up for sale.
According to The Independent, Tiscali sent out a memorandum of sale last week to potential buyers including BT, Sky, Orange and NTL Telewest. It is reported that the company is looking to obtain around £600m for the UK operations - which turned a profit in the third quarter of the year - as part of a plan to re-focus on its business in Italy.
According to The Independent, Tiscali sent out a memorandum of sale last week to potential buyers including BT, Sky, Orange and NTL Telewest. It is reported that the company is looking to obtain around £600m for the UK operations - which turned a profit in the third quarter of the year - as part of a plan to re-focus on its business in Italy.
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