Vodafone out of Tiscali race
Vodafone has been a relatively late entrant into the fixed line broadband market in the UK and it now appears to have pulled out of the bidding for the Tiscali group according to FT.com.
It is thought that Tiscali will announce its chosen winner by the end of June. Whether a buyer can be found that is interested in buying both the UK and Italian operations is unknown. A more likely option may be that the two arms will go to different bidders.