Tiscali takes over Planet Interkom
After the Internet access provider Tiscali took over World Online six months ago and shortly before Christmas Addcom, the takeover of Planet Interkom was decided today. For the time being, existing Planet Interkom customers can continue surfing at their usual rates.
With the takeover, Tiscali will become Germany's fourth largest provider with 1.2 million active customers. Viag Interkom, the parent company of Planet Interkom, now wants to concentrate more on mobile communication, but by no means say goodbye to the Internet. The takeover will cost Tiscali a total of 77.1 million euros, which will be settled partly in shares and partly in cash.