The Tiscali Stock is traded on the Italian Stock Exchange in Milan (TIS.IM). At 31st December 2010 the number of shares outstanding was 1,861,492,032.
Tiscali became a publicly traded company on the Milan Nuovo Mercato on October 27th, 1999, at a price of Euro 4.6 per share (IT0001453924; Symbol: TIS). From June 21st, 2001, to December 23rd 2005, Tiscali was traded on Euronext Paris (ISIN Code: IT0001453924; SICOVAM Code: 005773).
Our Shareholding structure can be viewed here
The tender offer on World Online shares, launched in December 2000, closed in January 2001 with the purchase of approximately 99.5% of the stock. A buyback plan by Tiscali on the World Online shares still outstanding is not planned. Whoever owns World Online shares may send their details to firstname.lastname@example.org so that they can be contacted in case the company should proceed to purchase the shares still outstanding.
The activities of the Tiscali Group and the relevant strategies, as well as activities of subsidiaries, are articulated and defined by geographical segment, this being therefore the primary reporting segment for the purposes on segment information, as required by IAS 14. From July 2009 the Company focalized its activities in Italy.
Lines of business (Access, Voice, Business services / Business, Media & VAS) represent the secondary segment of reporting.
The Group revenues, as of 31 December 2009, stood at EUR 290.4 million.
Revenues by business line (as of 31 December 2009):
In 2009 the increase in revenues can be attributed to the growth in dual play services.
Tiscali is an independent player, not controlled by any incumbent. This enables the company to be at the edge of innovation with telecommunication and other value-added services.
One of the leading alternative telecommunications companies in Italy, Tiscali supplies to its customers, both private individuals and companies, a wide range of services: internet access through dial-up and ADSL, Voice, VoIP, media, value-added services and other technologically advanced product Thanks to its unbundling network (ULL), its offer of innovative services and its strong brand, Tiscali reaches a strategic position in the market.
In Italy, where Tiscali has a broadband market share of about 5%, the main competitors are Telecom Italia, Fastweb, Wind and Tele2.
(The following data are prepared in accordance with IAS/IFRS international accounting principles)
Tiscali offers the following products:
As of 31 December 2009, the expansion of the ULL networks and the other investments for the installation and activation of new ADSL customers have generated investments for EUR 40.8 million, of which ca EUR 25.8 million are investments in intangible assets and ca EUR 15 million are investments in tangible assets.
Tiscali will release its 2010 results after their approval from the Board of Directors, planned for the 25th of March.
The next ordinary shareholders’ meeting will take place for the approval of the 2010 Annual Report.
In order to attend the annual general meeting, shareholders must obtain a document certifying your holding of Tiscali's shares by the record date (14th April 2011). This can be obtained from your bank where the shares are held and will act as your 'admission ticket' to the meeting. This certificate needs to be received by the Company at least two days in advance of the first call. It is also possible to set up a "proxy voting" to the delegate chosen by the person who votes or to the designated representative, the Servizio Titoli S.p.A., using the models available on the Company's website. In order to gain entry into the annual general meeting, participants must present this certificate, together with an identity card, at the entrance of the room where the meeting is being held.
All documents are available in Italian and English on Tiscali Corporate Website www.tiscali.it, Investors page.
It is also possible by sending an e-mail to get for free printed copies of the latest Annual Report, half-year and quarterly financial reports. You need just to write to email@example.com.
To obtain further information on the company, you can contact directly the Investor relations team at the following contact details.
Contact: Gianluca Nonnis