Talk Talk to become largest Residential ISP in UK

Talk Talk to become largest Residential ISP in UK
 
The Carphone Warehouse is expected to pay 236 million pounds in cash for the UK assets of the Italian group Tiscali, making them the single largest residential ISP in the UK, overtaking Virgin Media. BT still remain the largest broadband provider in the UK  with 4.7 million customers, compared to the 4.25 million of CPW when Tiscali’s 1.45 million is added on and Virgin Media’s 4 million customers.
 
Before the deal can go through Tiscali must obtain formal approval to restructure its debt, but it’s expected that the deal will be completed by the end of June.
 
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