Digiweb / Tiscali's Satellite Broadband Business

Digiweb Ltd. today announced that it has completed the acquisition of Tiscali's satellite broadband business in Italy for an undisclosed sum.

The acquisition will be seamless to all of Tiscali's Satellite Customers and Digiweb will takeover all aspects of support and the ongoing provision of services to new customers with immediate effect.

Using industry leading satellite technologies and a range of satellite uplink operators, the two-way satellite broadband technology enables Digiweb to provide high speed broadband access throughout all of Europe, including many areas that the national operators do not service, without any reliance on the fixed line telephony infrastructure. In addition to Italy, Digiweb is already servicing business customers throughout Germany, France, United Kingdom and Austria.

Digiweb is currently evaluating further similar acquisitions in Europe and indeed Ireland in the Broadband sector, including wireless/satellite operators and software firms who provide services that could be a good strategic fit to Digiweb's aggressive growth plans.

Growth in Digiweb's European business have been phenomenal and Digiweb believe that there is a fantastic opportunity to further grow this business division through organic growth and further acquisitions.

(PRNewswire)