By John Oates, 23 October 2001 08:28
NEWS Carlton and Granada are looking high and low for another partner to join their disastrous pay TV business. Shares in both companies rose sharply yesterday on speculation that another partner would join up or they would ditch the business altogether. Carlton was up five per cent and Granada just under six per cent. But ITV Digital has already been rejected by BSkyB, BT, Centrica and RTL, according to the Daily Telegraph. Sky is prevented by regulators from joining the consortium. BT is focussed on restructuring. Centrica also turned them down because it is looking at other broadband projects. Media giant RTL was approached by Granada to form a wider alliance but also turned them down, according to the paper.
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