Telecoms: Italy

After having recently disposed also of its Dutch operation, Tiscali announced a new three-year plan (2007- 2010) focusing on Italy and the UK only.
According to an official statement of the Board of Directors,

Tiscali will transition from Isp to full-service provider, delivering telecommunication and media integrated services to the end customer (with the relevant expansion on the physical access, voice and Iptv markets), through a full network and service IP model combining product innovation and marketing aggressiveness.

In the first six months of the 2006 financial year Tiscali Italia has seen an acceleration of the growth of its ADSL user base bringing the total number of ADSL subscribers to approximately 384,000 (+27% over end of 2005)
The Group’s revenues in Italy in 1H 2006 amounted to € 106.2 million, showing an increase of 7% as compared to the same period of the previous year.
Although ADSL access is growing, a vast proportion of Tiscali Italia’s revenues still comes from narrowband access. Revenues generated by the voice services were € 18.1 million of which € 3.3 million from VoIP services.