|Traded as||BIT: TIS|
|Industry||Communications and Media|
|Vittorio Serafino (Chairman), Mario Rosso (CEO), Renato Soru (Founder)|
Number of employees
|1,673 (30 June 2008)|
Tiscali s.p.a. (Italian: [ˈtiskali]; BIT: TIS) is an Italian telecommunications company, based in 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 Service Providers (ISPs) in the late 1990s.
Tiscali was created in January 1998 in 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 offered Tiscali Free Net, a subscription-free 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 accessible to the masses in Italy.
In October 1999 (during the dot-com bubble), the company went through 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.
Each of Tiscali's regional companies offer many services, which may include broadband internet access and telephone services. Between 2007 and 2008, Tiscali briefly operated an IPTV service in Italy (available in the cities of Bologna, Cagliari, Florence, Genoa, Milan, Naples, Palermo, Rome, Turin and Trieste). Its UK television service, Tiscali TV was acquired by TalkTalk 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 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 published a self-branded web browser of the same name which was distributed with its dial-up Internet packages. It was produced by UltraBrowser and used the core of Microsoft's Internet Explorer to display web pages. The software has not been included in installation packages since Tiscali's corporate rebranding in 2004.
Tiscali offered dial-up Internet access in Finland under service name Surfeu.
Tiscali Campus in Cagliari has 1,000 employees. The center includes a development division for Internet technologies where researchers like Antonio Tuzzi (one of the developers of Apple's macOS), Luca Manunza (inventor of the first webmail service) and Domenico Dato (developer of Arianna, the first Italian search engine) work.
Beginning in 2004, Tiscali sold off many of its regional sub-companies to native telecommunications operators in order to focus more on prime target areas.
On 31 December 2009:
Today[when?], the shareholders of Tiscali are:
Telecom Italia to acquire Liberty Surf from Tiscali
Disposal of B2B activities in Germany to Ecotel Communication AG
Tiscali: Completed the disposal of Dutch assets to KPN.