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BT to buy broadband supplier TalkTalk, saving 900 jobs

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UK’s fourth-biggest broadband provider has been seeking a buyer for several yearsBusiness live – latest updatesBT has agreed to buy broadband supplier TalkTalk out of administration in a rescue deal that saves 900 jobs. The company said it had struck a deal to acquire TalkTalk and its wholesale business PlatformX Communications on a debt-free basis, in a move that is expected to cost it £400m. Continue reading...

UK’s fourth-biggest broadband provider has been seeking a buyer for several years

BT has agreed to buy broadband supplier TalkTalk out of administration in a rescue deal that saves 900 jobs.

The company said it had struck a deal to acquire TalkTalk and its wholesale business PlatformX Communications on a debt-free basis, in a move that is expected to cost it £400m.

Continue reading...
TalkTalk (ORG) UK (LOCATION) updatesBT (PERSON)
Originally published by The Guardian World Read original →