Tiscali's 2million UK subscribers are to be sold on again as yet another consumer broadband company does a Python; exit stage right shouting "run away, run away".
The tiny premium proposed on the share value underlines what we industry watchers have long been saying; that there is no value in the consumer broadband as a standalone business. It only makes sense if you either own the networks, or can supply it as part of a total communications package; even that model is unsustainable.
I strongly suspect that long term Vodafone will look buy more NGN/LLU providers. They've shown capable with the piecemeal acquisition of Arcor Germany's No2 telecoms provider last week.