Tiscali is losing broadband subscribers, according to the latest figures.

Recently released data shows that the number of Tiscali users dropped from 1,774,000 in the third quarter of 2008 to 1,768,000 in the fourth.

However, the company seems to have arrested the slide which saw it lose 64,000 customers from the second quarter to the third last year.

According to Broadband Genie, the statistics are indicative of the provider's current situation.

"Experiencing both a difficult financially spell and an uncertain future, the UK arm of the Italian-based communications company is currently struggling to find a buyer to save its failing business," was the assessment of the broadband comparison site.

Tiscali had been in negotiations with BSkyB over a possible buy-out, although the talks were recently reported to have ground to a halt.