Following on from my previous post about Tiscali losing its last potential buyer BSkyB, they were given a lifeline by their lenders last week - JPMorgan agreed to put a hold on Tiscali’s €11 million (£10.1 million) debt repayments. In light of this, they apparently told their 1.7 million UK customers that broadband services would continue as normal.
If reviews I’ve read recently are anything to go by (here, here and here, for example), they’re certainly operating “as normal”. Broadband Genie covered this story - a couple of comments suggest Tiscali have made absolutely no effort to contact their customers!
Is the lifeline going to be enough to save Tiscali from going under? My thoughts are no, and I’d be surprised if they didn’t end up being subject to a fire sale of their assets. If you haven’t yet got an alternative in mind in case bad goes to worse, why not give PlusNet a look? They currently have some cracking deals on and are BT-owned so you know they won’t be going anywhere in a hurry! Go on! Give PlusNet a go!