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. Bank: Space industry worth $1tn by 2040
2. Xona Space wants 259 LEO satellites
3. 36 major airlines now committed to Starlink
4. Quilty: Top 5 Washington Satellite show takeaways
5. Space Wars: Starlink vs Amazon Leo
6. Eutelsat seeks ISRO deal for launches
7. Virgin Galactic sets prices for space tourists
8. Devas vs Antrix rumbles on
9. Shotwell makes TIME front cover

Categories: Articles, Broadband, Business, M&A