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BT agrees rescue deal to save TalkTalk from administration

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Evening Standard
BT agrees rescue deal to save TalkTalk from administration
TalkTalk’s customers include vulnerable households, as well as connections that support critical national infrastructure providers.
5 Oct, 07:44
Centre
(1)
City AM
BT inks deal to rescue embattled Talktalk
Broadband giant BT has snapped up embattled telecommunications firm Talktalk in a move that prevents the collapse of infrastructure hosting some 2.5m customers. The FTSE 100 group said on Monday it had acquired Talktalk and its wholesale arm PlatformX Communications (PXC) out of administration on a debt-free basis. The deal, for an undisclosed sum, is [...]
5 Oct, 06:35
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