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Tiscali buys Wanadoo Belgium

Wanadoo, the internet arm of France Télécom, has sold its Belgium subsidiary for €9.5m (£6.3m) to pan-European internet service...

Wanadoo, the internet arm of France T él écom, has sold its Belgium subsidiary for €9.5m (£6.3m) to pan-European...

internet service provider (ISP) Tiscali.

Wanadoo Belgium has about 85,000 users, of whom 25,000 are asymmetric digital subscriber line (ADSL) customers. Last year, the Belgian ISP reported sales of about €13m (£8.6m). Exisiting customers will be re-addressed to Tiscali's IP network.

Tiscali hopes to develop significant economies of scale through the acquisition, which will make it Belgium's second-largest ISP.

Last week, Tiscali announced the takeover of Airtelnet, Vodafone Group's Spanish ISP for €9.86m (£6.5m)  to expand in Spain.

Tiscali claims it has seven million users in Europe. By comparison, Wanadoo has 8.5 million users, while T-Online International remains Europe's largest ISP with 12.2 million users.

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