BSkyB CFO Andrew Griffith has publicly stated it could make sense to buy the UK unit of Italian broadband operator Tiscali in order to increase the number of broadband households it can reach.

“At the moment, we only address 9 million homes, so Sky broadband products -great value though they are – are only speaking to customers who are willing to take the TV offering,” he told an investor conference. “Something like Tiscali would allow us to extend our offering and our services to another 16 million households, and that potentially could have value.”

Media reports have put the value of Tiscali’s UK assets at about $737 million.

Other posts by :

1. Ghana makes MultiChoice fee decision
2. SES announces €0.25c dividend
3. Russia “blinding and destroying” German satellites
4. Bank: AST, Starlink, Kuiper targeting $200bn market
5. Rivada: Is no news good news?
6. SES celebrates Intelsat acquisition
7. Pakistan halts broadband direct-from satellite
8. India stymies Starlink launch
9. Starlink, AST SpaceMobile race for cellular consumers

Categories: Articles, Broadband, Business, M&A