Shares in Tiscali plummeted today after reports that Vodafone pulled out of the bidding for the Italian broadband provider. Vodafone had been considered a likely buyer for the company, but reports now cite the U.K.'s BSkyB and Carphone Warehouse, Italy's Wind and Swisscom as the remaining contenders for Tiscali. Vodafone and Tiscali did not provide comment on the reports.

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