It seems another bidder has pulled out of negotiations with Tiscali for the purchase of its customers.
http://www.theregister.co.uk/2008/06/19/voda_tiscali_auction/Vodafone has done an about-face on its ambition to acquire Tiscali's broadband punters, according to a report.
The mobile operator's lack of a sizeable UK fixed-line broadband business had put it in the lead to acquire Tiscali's two million British subscribers, but the Financial Times today reckons it won't happen.
Murmurings of Vodafone's change of heart surfaced in the Italian press earlier this week. A couple of weeks ago it was said to have tabled a €1.6bn bid for all of Tiscali's European broadband businesses. Reportedly the two fell out over that valuation.
Vodafone's sudden disinterest leaves Sky, Italian mobile operator Wind, Swisscom and Carphone Warehouse in the bidding. Or maybe not; in May the FT said Carphone had also dropped out.
Wouldnt it be nice if they made some effort at improving their services instead of merely trying to outdo each other with corporate greed, after all the whole profit base of this company is in its subscribers and those can prove pretty mobile when they hear the fat cats are getting fat and palming them off onto others who will do the same when their contracts are due renewing.
