Durban - Tiscali International had sold its South African operation to M-Web for R320 million, Tiscali said at the weekend.
The chief executive of Tiscali South Africa, Diego Massidda, said the company believed the sale would not be to the detriment of Tiscali's South African customers, as M-Web was an established internet service provider in the country.
The sale does not include the group's cellular business, worth over e5 million (R40 million), which will be sold separately before the year-end.
The deal is subject to approval by the competition commission.
It will be paid for in cash by M-Web on conclusion.