Britain’s Carphone Warehouse (CPW) has announced that the Tiscali brand of high speed internet services has now officially ceased being used in the UK after all of the latter’s customers have been moved across to CPW’s own internet service provider (ISP), TalkTalk. ZDNet UK reports that Charles Dunstone, CEO of CPW, said of the development: ‘Today we welcome all Tiscali customers to TalkTalk and open the doors to a new portal. We are in the privileged position of being the gateway to the internet for millions of people, and we now have the tools — the best network and best value products — to do this exceptionally well.’
According to TeleGeography’s GlobalComms Database, in May 2009 it was revealed that CPW had agreed to pay GBP236 million (USD 355 million) for the unit. The price was some way off initial targets as Tiscali had expected to raise approximately GBP600 million from the sale. The operator’s dwindling subscriber base was thought to have been the major factor in the lower-than-expected sales price; at the time of acquisition Tiscali had an estimated subscriber base of 1.45 million, down from a peak of 1.88 million at end-March 2008.