Tiscali sees revenues drop in 2014, considering deal with Aria

24 Mar 2015

Italian internet service provider (ISP) Tiscali has announced a 4.7% year-on-year drop in consolidated revenues for full year 2014 to EUR212.8 million (USD231 million). Internet access and voice services – the group’s core business – represented around 79% of turnover, with business, media and value added services accounting for the remainder. Net loss increased from EUR4.7 million in 2013 to EUR16.4 million last year. The firm’s ADSL customer base fell by a net 16,900 in twelve months to stand at 481,300 at the end of 2014, though there was more positive news at Tiscali’s mobile resale business, which saw customer numbers jump 140% y-o-y to 92,000.

Separately, Tiscali has signed a non-binding letter of intent concerning a possible tie-up with Italian wireless broadband operator Aria. Tiscali says the deal would enable it to expand its reach by utilising Aria’s regional 3.5GHz wireless networks, which currently use WiMAX technology but could be upgraded to support 4G Long Term Evolution (LTE).

Italy, Aria (now part of Tiscali), Tiscali