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(RTTNews) - Wednesday, NTL Inc. ( | | | ), a provider of broadband services, announced that it opted to refrain from bidding for ITV, a broadcaster in the UK, as of now, as NTL could not strike a deal that meshed with the company's terms. The company's present standpoint has come in the wake of ITV's rejection on November 21of a cash and share offer from NTL, and an unforeseen move from British Sky Broadcasting Group acquiring three weeks ago a 17.

9% interest in ITV.

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