BT buys TalkTalk out of administration in £400m deal
BT Group plc has acquired TalkTalk Telecommunications Limited and PlatformX Communications Limited out of administration, saving 900 jobs. The cost to BT is around £400 million, the company said. This includes transaction and administration costs, working capital, a £60m trading loss and £100m in uncollected Openreach revenue. All employees at Salford-headquartered TalkTalk will move across … Continue reading BT buys TalkTalk out of administration in £400m deal
Copy and paste this URL into your WordPress site to embed
Copy and paste this code into your site to embed