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Carphone Warehouse mulls fresh Tiscali bid - paper

Published 03/29/2009, 09:34 PM
Updated 03/29/2009, 09:48 PM
BSBAy
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LONDON, March 30 (Reuters) - British telecoms group Carphone Warehouse is considering a bid for the UK arm of Italian broadband operator Tiscali after withdrawing from talks last year, the Daily Telegraph reported on Monday, without citing sources.

A spokesman for Carphone Warehouse said: "We never comment on speculation."

Earlier this month, Italy's third-largest Internet provider said that due to a deterioration in market conditions it became "almost impossible" to continue negotiations to sell its British assets to UK pay-TV firm BSkyB .

There is also speculation BSkyB is considering renewing talks, the newspaper said.

On Friday, debt-laden Tiscali said its creditor banks had agreed to suspend its debt repayments, adding it was confident debt restructuring talks would conclude positively. (Reporting by Olesya Dmitracova, Editing by Ian Geoghegan)

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