Report Overview


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Carphone Warehouse acquisition of Tiscali UK: The Italian Job


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Carphone Warehouse’s acquisition of Tiscali UK makes TalkTalk Group the second largest UK ISP and the largest in terms of residential broadband subscribers, just as market growth begins to stall.
The company’s synergy target looks readily achievable, although integration challenges are significant and could make the acquired customer base difficult to stabilise.
Nonetheless, TalkTalk Group now seems set to dominate the ‘value’ end of the UK residential telecoms market.