Tiscali boss Tommaso Pompei has revealed that he expects the company to sell its UK broadband operations within the next two years.
After struggling to keep up with stronger ISPs in the broadband market Pompei commented that he didn’t anticipate any further acquisitions to add to the purchase of Pipex and Video Networks.
In the past few years a number of medium-sized ISPs have been acquired by larger companies and Pompei has expressed his views that he suspects Tiscali will fall to the same fate: “We do expect to be part of this process,” he told the Financial Times. “This year for sure we’ll be 100% focused on our results, but we are prepared to react should the consolidation take place.”
Speculation is now circulating amongst tech circles as to who would be in the running for an acquisition with BT, Virgin Media and Carphone Warehouse topping the list.
Pompei has stressed that Tiscali is not currently for sale.
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