Carphone to purchase Tiscali UK

Carphone Warehouse is to buy the UK assets of Italian internet service provider Tiscali for £236m.
The deal, which is expected to be completed by the end of June, will create the UK's largest home broadband provider with 4.25m subscribers.
Tiscali had previously been in talks with BSkyB, but negotiations broke down earlier this year.
Carphone Warehouse currently provides broadband services under its TalkTalk brand and via AOL Broadband.
Thousands of Prodigy internet customers were reported to have been left with no internet after the service provider was cut off by its supplier BT. Earlier it was fined £30,000 by Ofcom for mishandling broadband migrations.