Tiscali evaluating acquisition offers.(ITALY)

Internet service provider Tiscali has announced that it is still exploring several strategic options for itself.

The ISP had commenced the strategic assessment in April and has been evaluating acquisition offers from a wide range of companies.

Tiscali, which operates in Italy and the UK, had reportedly set June 30 as the deadline for arriving at a decision. But the company has now revealed that it is evaluating a number of options. Earlier, Vodafone was said to be the prime candidate for Tiscali, but its negotiations with the ISP failed to materialize owing to pricing-related disagreements.

Other interested parties include the likes of Fastweb and Carphone Warehouse.