Business Services Industry
Telenor ASA to acquire Tiscali AS
Internet Business News, August 24, 2004
INTERNET BUSINESS NEWS-(C)1995-2004 M2 COMMUNICATIONS LTD
Norwegian telecomms group Telenor ASA said on Monday (23 August) that it had entered into an agreement with the Italian Internet services provider Tiscali S.p.a. to acquire its Norwegian operation, Tiscali AS.
Tiscali AS has a total of 45,000 customers, including 18,000 ADSL customers and 27,000 customers with dial-up Internet, according to the company.
The acquisition price was valued at EUR6m.
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