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TISCALI S.P.A. (Italian: ; BIT : TIS) is an Italian telecommunications company, based in Cagliari
Cagliari
, Sardinia , that provides internet and telecommunications services to its domestic market. It previously had operations in other European nations through its acquisition of many smaller European Internet
Internet
Service Providers (ISPs) in the late 1990s.

CONTENTS

* 1 History

* 1.1 IPO

* 2 Services * 3 Sales and acquisitions * 4 Financial and economic data * 5 Shareholders * 6 See also * 7 References * 8 External links

HISTORY

Tiscali
Tiscali
Campus in Cagliari
Cagliari

Tiscali
Tiscali
was created in January 1998 in Cagliari
Cagliari
by Renato Soru , following the deregulation of Italian telephone system. The company owes its name to a Sardinian mountain at which remains of an ancient village were found. From March 1999 onward, Tiscali
Tiscali
offered Tiscali Free Net, a subscription-free Internet
Internet
service where customers only had to pay for the time they were online. This pushed other Italian providers to repeal their fixed subscription fees, thus contributing to making the Internet
Internet
accessible to the masses in Italy.

IPO

On October 1999 (during the dot-com bubble ), the company went though an initial public offering (IPO) to be traded on the Italian stock exchange at a share price of 46 Euros. 3,098,000 shares were offered to investors of which 2,658,000 shares were created through a capital increase and the rest were sold by Soru. Soru made 20,240,000 Euros on the IPO. In 2012, the price per share had plummeted to 0.04 Euros.

Between 2001 and 2003, shares were also traded on the French stock exchange.

SERVICES

Each of Tiscali's regional companies offer many services, which may include broadband internet access and telephone services. Between 2007 and 2008, Tiscali
Tiscali
briefly operated an IPTV
IPTV
service in Italy
Italy
(available in the cities of Bologna
Bologna
, Cagliari
Cagliari
, Florence
Florence
, Genoa
Genoa
, Milan
Milan
, Naples
Naples
, Palermo
Palermo
, Rome
Rome
, Turin
Turin
and Trieste
Trieste
). Its UK television service, Tiscali
Tiscali
TV was acquired by Talk Talk in 2009.

Tiscali's former carrier company, Tiscali International Network , was a pure-play carrier business delivering wholesale services including Global IP Connectivity, MPLS lines , Voice over IP and Network Monitoring. In May 2009, its IP/MPLS backbone counted 90 Points of Presence and extended over 17 European countries and across the United States and Hong Kong. Its Autonomous System (AS3257) was a core ASN in the global Internet
Internet
routing table, as well as the largest IPv6 backbone outside Asia. The network was sold to the Italian private equity firm BS Private Equity SpA on 27 May 2009, and renamed Tinet .

Tiscali
Tiscali
ran similar web portals for each of its countries, which include features such as webmail , reviews, news, videos, dating , chat , radio , TV guide, streaming TV channels and others.

Tiscali
Tiscali
published a self-branded web browser of the same name which was distributed with its dial-up Internet
Internet
packages. It was produced by UltraBrowser and used the core of Microsoft
Microsoft
's Internet
Internet
Explorer to display web pages. The software has not been included in installation packages since Tiscali's corporate rebranding in 2004.

Tiscali
Tiscali
offered dial-up Internet
Internet
access in Finland under service name Surfeu.

Tiscali
Tiscali
Campus in Cagliari
Cagliari
has 1,000 employees. The center includes a development division for Internet
Internet
technologies where researchers like Antonio Tuzzi (one of the developers of Apple\'s OS X ), Luca Manunza (inventor of the first webmail service) and Domenico Dato (developer of Arianna, the first Italian search engine) work.

SALES AND ACQUISITIONS

Beginning in 2004, Tiscali
Tiscali
sold off many of its regional sub-companies to native telecommunications operators in order to focus more on prime target areas.

* On 16 August 2004, Tiscali
Tiscali
sold its Austrian branch, Tiscali Österreich GmbH, to Nextra Telecom GmbH. * On 20 August 2004, Tiscali
Tiscali
sold its South African branch, Tiscali (Pty), to MWEB Holdings (Pty) Ltd . * On 23 August 2004, Tiscali
Tiscali
sold its Norwegian branch, Tiscali
Tiscali
AS, to Telenor Telecom Solutions . * On 30 August 2004, Tiscali
Tiscali
sold its Swedish counterpart, Tiscali AB, to Spray Network AB , then a subsidiary of Lycos . * On 16 September 2004, Tiscali
Tiscali
sold its Swiss counterpart, Tiscali AG, reaching an agreement with Smart Telecom . * On 19 October 2004, Tiscali
Tiscali
sold its South African mobile telephone network, Tiscali
Tiscali
Mobile, to Vodacom . * On 29 November 2004, Tiscali
Tiscali
sold its Luxembourg
Luxembourg
subsidiary, Tiscali
Tiscali
S.A., reaching an agreement with Alternet S.A. * On 29 November 2004, Tiscali
Tiscali
sold its Belgian
Belgian
subsidiary, Tiscali N.V, reaching an agreement with Scarlet België . * On 1 February 2005, Tiscali
Tiscali
sold its Danish company, Tiscali Denmark A/S, to Tele2 . * On 5 May 2005, Tiscali
Tiscali
sold the French ISP, Liberty Surf to Telecom Italia . * On 31 January 2007, Tiscali
Tiscali
sold its German business to consumer activities to Freenet.de AG , at a sum of € 30 million. It later sold its business-to-business transactions on 5 February 2007 to Ecotel Communication AG, with future intentions to leave the German market altogether. * On 19 June 2007, Tiscali
Tiscali
sold its Dutch branch, Tiscali
Tiscali
BV, to Royal KPN
KPN
NV . * On 11 October 2006, Tiscali
Tiscali
announced that it was to focus on the UK and Italy
Italy
as its prime ISP targets, with plans to introduce new services to them including a mobile network operator and new IPTV products to the United Kingdom by its acquisition of Homechoice . * On 31 December 2008, Tiscali
Tiscali
shut down its IPTV
IPTV
service in Italy. * On 27 May 2009, Tiscali
Tiscali
sold its International arm, Tinet to BS Private Equity firm. * On 30 June 2009, Tiscali
Tiscali
sold its UK subsidiary to Carphone Warehouse following regulatory approval from the European Union
European Union
. The service was rebranded as Talk Talk in January 2010. * By 16 February 2016, Tiscali
Tiscali
completed its merger with Aria, an Italian WiMAX provider.

FINANCIAL AND ECONOMIC DATA

On 31 December 2009:

* 744 employees * there are 1,861,473,919 common shares of Tiscali * 570,000 ADSL customers of Tiscali

SHAREHOLDERS

Today, the shareholders of Tiscali
Tiscali
are:

* Renato Soru (17.788% of shares) * Ignis asset management limited (1.756% of shares)

SEE ALSO

* Net Neutrality * TalkTalk TV * Tiscali International Network * Traffic shaping

REFERENCES

* ^ Tiscali
Tiscali
Network * ^ A B " Tiscali International Network acquisition concluded by BS Private Equity". Press release. Cagliari, Milano. 26 May 2009. Archived from the original on 7 July 2010. Retrieved 22 June 2013. * ^ http://economia.panorama.it/tech-social/Tiscali-web-made-in-italy-Silicon-Valley-No-Sardegna Archived February 24, 2013, at the Wayback Machine
Wayback Machine
. * ^ Tiscali
Tiscali
- 2004 milestones. * ^ Tiscali
Tiscali
- 2005 milestones. * ^ Tiscali
Tiscali
- Disposal of B2C activities in Germany * ^ Tiscali
Tiscali
- Disposal of B2B activities in Germany. * ^ Tiscali
Tiscali
disposes of Netherlands
Netherlands
branch * ^ Telecom Paper - Tiscali
Tiscali
to focus on UK, Italy; plans net profit from 2008. * ^ Tiscali
Tiscali
powers down IPTV
IPTV
service. * ^ Update 1 - Carphone wins EU approval for Tiscali
Tiscali
UK buy Reuters.com
Reuters.com
. 30 June 2009 * ^ Tiscali
Tiscali
TV rebrands as TalkTalk. * ^ Telecom Paper - Tiscali
Tiscali
shareholders approve new board,

.