The Week: City News - Tiscali remains interesting

Carphone Warehouse and British Sky Broadcasting are still interested in making an offer for Tiscali's UK broadband business, according to the Financial Times.

However, it is understood that talks are at an early stage and that no transaction is imminent. The Italian telecommunications group is currently attempting to reach a deal with banks on a restructuring of its debt after failing to sell to both Carphone Warehouse, which offered £550 million, and BSkyB, which offered £450 million, last year.