Tiscali-HomeChoice merger on the cards, papers say

10 Aug 2006

ISP Tiscali UK and triple-play provider HomeChoice are close to agreeing a merger deal worth GBP100 million (USD190 million), according to The Telegraph. HomeChoice, which is owned by Video Networks, has struggled to win customers to its video-on-demand (VoD), internet and telephony services, attracting around 45,000 in London and Stevenage. Its network covers around 2.5 million homes, but it has failed to expand significantly outside of the capital. The deal would reportedly give Tiscali access to HomeChoice’s TV platform and content, plus a greater presence in BT’s local loop exchanges. Sources told the paper a deal could be announced within days.

United Kingdom, Tiscali UK