(Telecompaper) BT Group announced the acquisition of TalkTalk Group's consumer and wholesale units, TalkTalk Telecommunications and Platform X Communications (PXC), out of administration on a debt-free basis...
BT Group announced the acquisition of TalkTalk Group's consumer and wholesale units, TalkTalk Telecommunications and Platform X Communications (PXC), out of administration on a debt-free basis. BT expects the total cash impact of the deal to be around GBP 400 million in FY27, including both considerations and other cash impacts. BT said it decided to acquire TalkTalk's consumer and wholesale divisions after recognising the risks to the country if the company collapsed, including vulnerable customers and vit
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