Tiscali 9-Months Net Loss Widens To EUR418 Million
November 13 2009 - 3:17AM
Dow Jones News
Italian broadband company Tiscali SpA (TIS.MI) said Friday it
nine-month net loss widened to EUR418.4 million following a EUR345
million capital loss booked after the sale of its U.K. assets.
Its net loss was EUR98.2 million in the same period a year
earlier.
In May, Tiscali sold its U.K. assets to Carphone Warehouse Group
PLC (CPW.LN) for GBP236 million, while talks to sell its Italian
activities didn't reach a conclusion.
-Gilles Castonguay, Dow Jones Newswires; +39 02 5821-9908;
gilles.castonguay@dowjones.com
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