Eurocardsharing

Go Back   Eurocardsharing > General Discussions > General Satellite News > Latest Satellite News

Latest Satellite News Discussion, Info Tiscali crisis deepens at General Satellite News forum; Tiscali crisis deepens Chris Forrester Italian-owned broadband company Tiscali is in a deeper mess today, as its London auditors declined ...

Reply
 
LinkBack Thread Tools Display Modes
Info Tiscali crisis deepens
Old
  (#1)
Bacteria
Administrator
 
Bacteria's Avatar
 
Offline
Posts: 96,015

Level: 124 [♥ Bé-Yêu ♥♥ Bé-Yêu ♥♥ Bé-Yêu ♥♥ Bé-Yêu ♥♥ Bé-Yêu ♥]
Life: 4638 / 4638
Magic: 32005 / 100972
Experience: 68%

Thanks: 1,107
Thanked 5,578 Times in 1,419 Posts
Join Date: Oct 2006
Age: 36
Info Tiscali crisis deepens - 16-April-2009, 09:50

Tiscali crisis deepens

Chris Forrester

Italian-owned broadband company Tiscali is in a deeper mess today, as its London auditors declined to sign off the companys accounts, citing too much uncertainty about the firms future trading prospects.

Tiscalis auditors Ernst & Young stated "the fundamental uncertainties on business continuity" as making it impossible to sign-off the year-end 2008 figures for the group. Tiscali has some 1.8m UK customers, and double that number in Italy. Tiscali has been looking to sell the UK side of the business for the best part of a year.

Tiscali said it disagreed with the findings of Ernst & Young and is seeking new auditors. Tiscalis statement said: "The company, in disagreement with the conclusion drawn by the audit report, believes that it has co-operated at best and that it has provided all the information necessary to enable the independent auditors to issue an audit opinion on its 2008 financial statements.
   
Reply With Quote
Reply

Bookmarks


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Forum Jump



ECS on RSS ECS on Twitter ECS on Facebook ECS on Youtube
Follow us on:

Powered by vBulletin
Copyright 2002 - 2010, Jelsoft Enterprises Ltd.
SEO by vBSEO ©2011, Crawlability, Inc.
Dreambox