Tiscali Spa
TISN.BR
Euronext Brussels0.58
EUR
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Tiscali Spa
TISN.BR
(Euronext Brussels)
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0.58
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- Business
- Tessellis SpA, formerly Tiscali SpA, operates as an Italy-based telecommunications provider focused on delivering integrated fixed and mobile services under the Tiscali and Linkem brands; it offers broadband, ultrabroadband, fiber-to-the-home, fixed wireless access, mobile telephony, value-added services including security, cloud solutions, and social media tools for households, businesses, and public administrations. The company maintains a multi-technology approach leveraging agreements with wholesale operators for fiber and 5G infrastructure, complemented by its own Sa Illetta Data Centre in Cagliari as a key national exchange point; it also engages in media and tech through the Tiscali.it portal featuring news sites such as Tiscali Notizie and Milleunadonna, vertical content platforms like Gamesurf and Bike, Tiscali Mail with over one million active accounts, Tiscali Shopping as a digital mall blending e-commerce and editorial content, Tagliacosti for utility and insurance comparisons, and online advertising via its Veesible agency. Founded in 1998 and headquartered in Cagliari, Italy, Tessellis targets consumer and business markets primarily in Italy with expanding public sector offerings, operates as a subsidiary of Jefferies Financial Group Inc., and pursues strategic investments in startups across key verticals. Recent developments include the 2022 merger with Linkem Retail granting Linkem's parent a majority stake, a January 2023 name change from Tiscali SpA to Tessellis SpA, completion of Tiscali-Linkem integration in 2024 encompassing IT systems, personnel, and market positioning alongside a 7% mobile segment growth, approval of a 2024-2027 business plan, multiple capital increases reserved for controlling shareholder Shellnet up to 15 million euros and totaling over 12 million euros in major transactions during 2025, issuance of convertible bonds linked to investments with Nice&Green SA, and execution of an investment agreement with expert.ai in September 2025 for the Villanova.ai affiliated company to develop multimodal generative AI services under the Villanova Project announced earlier in April 2025.