UK: Tiscali UK has been acquired by Carphone Warehouse to become the largest residential broadband provider

[bbc] Carphone Warehouse is to buy the UK assets of Italian internet service provider Tiscali for £236m.

The deal, which is expected to be completed by the end of June, will create the UK's largest home broadband provider with 4.25m subscribers.

Tiscali had previously been in talks with BSkyB, but negotiations broke down earlier this year.

Carphone Warehouse currently provides broadband services under its TalkTalk brand and via AOL Broadband.

Carphone to purchase Tiscali UK