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Broadband

Tiscali to focus on UK, Italy; plans net profit from 2008

Wednesday 11 October 2006 | 11:54 CET | News
Tiscali has announced plans to narrow its focus to the UK and Italian markets and post a net profit by 2008. In a business plan for the coming five years, the company said it aims to move from being a simple ISP to an operator with its own infrastructure offering IP services. In the two focus countries, it already has unbundled local loop networks covering at least 30 percent of the population. It expects to spend EUR 740 million over the next five years completing the network infrastructure and preparing for a broader product offering. It is developing IPTV via its recent takeover of UK

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Categories: Internet
Companies: Tiscali
Countries: Western Europe
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