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Tessellis

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(Redirected fromTiscali SpA)
For other uses, seeTiscali (disambiguation).

Tessellis S.p.A.
FormerlyTiscali S.p.A. (1998-2023)
Company typePublicS.p.A.
BIT:TSL
ISINIT0005496473
IndustryTelecommunications
FoundedJanuary 1998;26 years ago(1998-01)
FounderRenato Soru
HeadquartersTiscali Campus,
Sa Illetta,Cagliari
,
Italy
Area served
Italy
Key people
Renato Soru(founder CEO)
Products
Revenue165,200,000 Euro (2018)Edit this on Wikidata
83,200,000 Euro (2018)Edit this on Wikidata
Owner
  • Shellnet (56.54%)
  • Market (43.36%)
[1]
Number of employees
1,145 (2018)Edit this on Wikidata
SubsidiariesTiscali Italia(100%)
Websitewww.tessellis.it

TessellisS.p.A.(formerlyTiscali S.p.A.[2]) is an Italiantelecommunications companyfounded in 1998 and based inCagliari,Sardinia,that providesInternetandtelecommunications servicesin Italy, and, previously had operations in otherEuropeannations through itsacquisitionof many smaller EuropeanInternet Service Providers(ISPs) in the late 1990s.[3]

Since 2022, following the Tiscali-Linkemmerger,the company hasacquiredfull control of theretailservicespreviously provided by Linkem (now OpNet), including the brand.[4]

History

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Tiscali S.p.A. was created in January 1998 inCagliaribyRenato Soru,following the deregulation ofItaliantelephone system.[5]Thecompanyowes its name to aSardinianmountain at whichremains of an ancient villagewere found.

In 1999 thesubsidiaryTiscali Italia S.p.A.was founded.

From March 1999 onward, Tiscali offered "Tiscali Free Net", a subscription-freeInternetservicewhere customers only had to pay for the time they wereonline.This pushed other Italianprovidersto repeal theirfixedsubscription fees, thus contributing to making the Internet accessible to the masses in Italy.

In November 1999 Tiscali,Franco BernabèandSanpaolo IMIfoundedAndala,which in 2000 was acquired byHutchison Whampoaand won the tender for the award of3G(UMTS) licenses.[6]

On 25 March 2009 Tiscali launchesTiscali Mobile,anESP MVNOon theTIMnetwork.

In 2012 three subsidiaries were founded:

On 30 December 2021, Tiscali S.p.A. andLinkem S.p.A.approved the project for themergerbyincorporationof Linkem Retail S.r.l. in Tiscali S.p.A.

On 27 April 2022, theshareholders' meetingsof Tiscali and Linkem approved the merger between the two companies.

On 1 August 2022, the two companies completed the merger process: Tiscali S.p.A. integrated Linkem Retail S.r.l., with the consequent transfer of the branch to thesubsidiaryTiscali Italia S.p.A., while Linkem S.p.A. (now OpNet S.p.A.) became themajority shareholderof Tiscali S.p.A. (58.60%).[4][7]

After announcing it in October 2022, on 19 January 2023 the name of theparent companybecame Tessellis S.p.A., which will continue to operate under both thecommercial brandsTiscali and Linkem.[2]

On February 2, 2024,Wind Tresigned an agreement for the acquisition of theassets,including thenetwork infrastructure,of OpNet, which will be acquired 100% by Wind Tre together with all other subsidiaries, excluding Tessellis. On August 1, the transaction was completed.[8]

IPO

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In October 1999 (during thedot-com bubble), the company went through aninitial public offering(IPO) to be traded on theItalian Stock Exchangeat ashareprice of 46 Euros. 3,098,000 shares were offered toinvestorsof which 2,658,000 shares were created through acapital increaseand the rest were sold by Soru. Soru made 20,240,000 Euros on the IPO. In 2012, the price per share had plummeted to 0.04 Euros.[citation needed]

Between 2001 and 2005,[9]shares were also traded on theFrench Stock Exchange.It was delisted from Paris Stock Exchange at the end of December 2005.

Operations

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Beginning in 2004, Tiscali S.p.A. has carried out variouspurchase,sale andmergeractions

  • On 16 August 2004, sold itsAustrianbranch, Tiscali Österreich GmbH, to Nextra Telecom GmbH.
  • On 20 August 2004, sold itsSouth Africanbranch, Tiscali (Pty) Ltd, toMWEB Holdings (Pty) Ltd.
  • On 23 August 2004, sold itsNorwegianbranch, Tiscali AS, toTelenor Telecom Solutions AS.
  • On 30 August 2004, sold itsSwedishcounterpart, Tiscali AB, toSpray Network AB,then a subsidiary ofLycos, Inc.
  • On 16 September 2004, sold itsSwisscounterpart, Tiscali AG, reaching an agreement withSmart Telecom Plc.
  • On 19 October 2004, sold its South African mobile telephone network, Tiscali Mobile, toVodacom S.A.
  • On 29 November 2004, sold itsLuxembourgsubsidiary, Tiscali S.A., reaching an agreement with Alternet S.A.
  • On 29 November 2004, sold itsBelgiansubsidiary, Tiscali N.V, reaching an agreement withScarlet België SA.[10]
  • On 1 February 2005, sold itsDanishcompany, Tiscali Denmark A/S, toTele2 AB.
  • On 5 May 2005, sold theFrenchISP,Liberty Surf Group SAStoTelecom Italia S.p.A.[11]
  • On 31 January 2007, sold itsGermanbusiness to consumer activities toFreenet.de AG,at a sum of€30 million.[12]It later sold its business-to-business transactions on 5 February 2007 to Ecotel Communication AG, with future intentions to leave the German market altogether.[13]
  • On 19 June 2007, sold itsDutchbranch, Tiscali B.V., toRoyal KPN N.V.[14]
  • On 11 October 2006, announced that it was to focus on theUKandItalyas its prime ISP targets, with plans to introduce new services to them including a mobile network operator and new IPTV products to the United Kingdom by its acquisition ofHomeChoice.[15]
  • On 31 December 2008, shut down its IPTV service in Italy.[16]
  • On 27 May 2009, sold its International arm,Tinet B.V.to BS Private Equity S.p.A. firm.[17]
  • On 30 June 2009, sold its UK subsidiary toCarphone Warehousefollowing regulatory approval from theEuropean Union.[18]The service was rebranded asTalkTalkin January 2010.[19]
  • By 16 February 2016, completed its merger with Aria S.p.A., an ItalianWiMAXprovider.[20]
  • On 1 August 2022, completed its merger with the retail branch of Linkem S.p.A.[4]
  • On 19 January 2023, Tiscali S.p.A. changed its name to Tessellis S.p.A.[2]

Services

[edit]
Tiscali Europe

Each of Tiscali's regionalcompaniesoffer manyservices,which may includebroadbandInternet accessandtelephone services.Between 2007 and 2008, Tiscali briefly operated anIPTVservice inItaly,Tiscali TV,available in the cities ofBologna,Cagliari,Florence,Genoa,Milan,Naples,Palermo,Rome,TurinandTrieste.ItsUKtelevision service,Tiscali TVwasacquiredbyTalkTalkin 2009.

Tiscali's former carrier company,Tiscali International Network,was apure playcarrier business deliveringwholesaleservices including GlobalIPConnectivity,MPLSlines,VoIPandnetwork monitoring.[citation needed]In May 2009, its IP/MPLSbackbonecounted 90Points of Presenceand extended over 17Europeancountries and across theUnited StatesandHong Kong.Itsautonomous system(AS3257) was a core ASN in the globalInternet routingtable, as well as the largestIPv6backbone outsideAsia.The network was sold to the Italianprivate equity firmBS Private Equity on 27 May 2009, and renamed Tinet.[17]

Tiscali ran similarWeb portalsfor each of its countries, which include features such asWebmail,reviews,news,videos,dating,chat,radio,TV guide,streaming TVchannelsand others.

Tiscali published a self-brandedWeb browserof the same name which was distributed with itsdial-upInternet packages. The browser used the core ofMicrosoft'sInternet Explorerbrowser to display web pages. Distribution of the software ended during Tiscali'scorporaterebrandingin 2004.

Tiscali offered dial-up Internet access inFinlandunder service nameSurfeu.

Tiscali Campusin Cagliari had 1,000 employees as of early 2013. The center includes a development division forInternet technologies.Researchers working there included Antonio Tuzzi (one of the developers ofApple'smacOS), Luca Manunza (inventor of the first Webmail service), and Domenico Dato (developer of Arianna, the first Italiansearch engine).[21]

Tiscali Campus

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Tiscali Campus
Map
General information
StatusCompleted
LocationSa Illetta
AddressStrada Statale 195 Sulcitana km 2,3, 09123 Cagliari CA
Town or cityCagliari
CountryItaly
Coordinates39°13′40.1″N9°4′10.8″E/ 39.227806°N 9.069667°E/39.227806; 9.069667
Inaugurated19 September 2003
OwnerTiscali
Technical details
Floor count3
Design and construction
Architect(s)Arassociati
Website
www.tiscali.com/en/tiscali-campus/

TheTiscali Campusis theheadquartersof Tiscali.[22]

Designed by the Arassociati studio, thecampusis a work ofcontemporary architectureinCagliariand an example ofpublic artinItaly.

It is located in the area of Sa Illetta, which was once a small island reachable only by boat, between the Cagliari pond and the State Road 195 "Sulcitana", an important artery of SouthernSardinia.Nearby is the church of San Simone, ariding school,the Ballero farm and the Porto Canale.

See also

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References

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  1. ^"Tiscali Group - Tiscali Investors".www.tiscali.com.Retrieved29 July2021.
  2. ^abc"Tiscali Group announces new holding company name, Tessellis"(PDF).www.tiscali.com.Retrieved25 November2022.
  3. ^"Profile - Tiscali Investors".www.tiscali.com.Retrieved29 July2021.
  4. ^abc"The new Tiscali is born: the business plan has been endorsed by the banking institutions and will be implemented starting from August 1st, 2022, overcoming the certified plan pursuant to section 67 of the Italian Bankruptcy Law"(PDF).www.tiscali.com.Retrieved12 August2022.
  5. ^"History - Tiscali Investors".www.tiscali.com.Retrieved29 July2021.
  6. ^"Hutchison Whampoa Limited - Media Center > Press Releases".
  7. ^bebeez (27 April 2022)."Linkem Retail and Tiscali's general meetings approve the announced merger of Linkem's newco in the Milan-listed tlc".BeBeez.Retrieved26 January2023.
  8. ^"Jefferies Completes Sale of OpNet Operations to Wind Tre – Company Announcement - FT.com".markets.ft.com.Retrieved19 September2024.
  9. ^"Telecompaper".www.telecompaper.com.Retrieved9 January2023.
  10. ^Tiscali - 2004 milestones.
  11. ^"Financial Press: Press Releases".5 April 2005.Retrieved6 August2019.Telecom Italia to acquire Liberty Surf from Tiscali
  12. ^"Tiscali - Disposal of B2C activities in Germany".
  13. ^"Financial Press: Press Releases".5 February 2007.Retrieved6 August2019.Disposal of B2B activities in Germany to Ecotel Communication AG
  14. ^"Financial Press: Press Releases".19 June 2007.Retrieved6 August2019.Tiscali: Completed the disposal of Dutch assets to KPN.
  15. ^"Tiscali to focus on UK, Italy; plans net profit from 2008".11 October 2006.Retrieved6 August2019.
  16. ^O'Shea, Dan (4 January 2009)."Tiscali powers down IPTV service".Retrieved6 August2019.
  17. ^abMiller, Ilissa (26 May 2009)."Tiscali International Network acquisition concluded by BS Private Equity".Cagliari, Milano:Business Wire.Retrieved6 August2019.
  18. ^"UPDATE 1-Carphone wins EU approval for Tiscali UK buy".Reuters.30 June 2009.Retrieved6 August2019.
  19. ^Laughlin, Andrew (1 July 2010)."Tiscali TV rebrands as TalkTalk".Digital Spy.Retrieved6 August2019.
  20. ^"Tiscali shareholders approve new board, share issue".17 February 2016.Retrieved6 August2019.
  21. ^Castellano, Guido (23 February 2013)."Silicon Valley? No, Sardegna con Tiscali e il web made in italy".Panorama(in Italian).Retrieved6 August2019.
  22. ^"Tiscali Campus - Tiscali Investors".www.tiscali.com.Retrieved29 July2021.
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