Vizzazi sells its customers

NEWS Anglo-French ISP Vizzavi is to sell off its customer base as it struggles to raise cash to pay off debts. Customers in France, Portugal and the UK will have their home internet access subscriptions transferred to another provider. UK users will now be part of the Virgin Group. The company claimed the move was part of a company wide strategy to move away from fixed-line internet access and more towards the provision of media content for mobile phones. The news comes as Vivendi, 50 per cent shareholder in Vizzavi, prepares to sell off some of its own business assets to settle some of its own debts totalling around E19bn.