Wanadoo to double deal in Easdaq

Top French ISP Wanadoo has moved its ambitions up a notch, gaining the right to be traded on the pan-European exchange Easdaq.

Wanadoo, which last December bought the UK's largest ISP, Freeserve, in a £1.65bn deal, is currently listed on one of several Paris-based low-cap technology exchanges, Euronext Paris. The French company will begin trading on Easdaq on 6 February. The exchange offers a dual-listing facility where a market is offered in stocks whose primary listing is on another exchange. The combined Wanadoo-Freeserve operation has 4.3 million subscribers and is the second-largest ISP in Europe after Germany's T-Online with 7 million.