Story perspectives
BT buys TalkTalk broadband businesses for about £400 million
By Drooid · · How we work
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Story summary
- BT Group agreed to buy TalkTalk’s consumer and wholesale businesses out of administration for about £400 million.
- The deal adds roughly 1.5 million retail broadband customers and 1 million wholesale customers to BT.
- Culture minister Lisa Nandy issued a Public Interest Intervention Notice to accelerate the CMA’s competition review.
- BT expects a £400 million cash hit this year and will keep 900 TalkTalk jobs.
