Deal after deal have fallen through, and now Sky Broadband are the latest on the list of companies unwilling to front the £600 million asking price.

Sky, only prepared to part with £450 million, ended talks with the Italian owned ISP (who also have Pipex & Homechoice under the Tiscali umbrella). Of course, you can argue that the company should be worth less anyway, after loosing 37,000 customers since it was announced they were looking for buyers.

I personally have a lot of history with the ISP that includes appalling download rates and congestion. I also have friends and family that have had similar stories to mine. However, I do understand that cheap broadband breeds that sort of thing – and as many people around the country have already done, you should vote with your feet.

So with Tiscali’s bad press will a buyer ever be found that is willing to cough up £600 million?

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Posted in Website by Paul Godden View Comments