KPN of the Netherlands is close to acquiring the Dutch assets of Italian broadband service provider Tiscali for EUR255 million (USD343 million), having secured the necessary approval from the competition authority NMA. The two operators originally agreed the deal in September 2006; it is expected to close next month. Tiscali has around 276,000 ADSL subscribers and also operates its own network, reselling ADSL services to other ISPs. The NMA notes that the acquisition of the company will lift KPN’s market share by 5% to nearly 50% (KPN disputes this, saying it will be nearer 45%), but is unconcerned, saying that there are enough cable operators and other xDSL providers present to ensure adequate sector competition.
Have feedback, corrections, or story ideas? Send them to email@example.com.
Browse Past Issues
Filter CommsUpdate by the following categories or use the search.
Visit our help page information on performing advanced searches, including how to restrict the results by country or company.
CommsUpdate is an outstanding advertising venue for companies seeking to reach:
- International carriers
- Wholesale service providers
- Equipment and software vendors
- Telecom investors