TalkTalk confirmed as first large-scale broadband partner for Kraken platform, joining global energy and water utilities, as Wi-Fi provider takes next step on customer-focused transformation
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TalkTalk pulls support for ‘Internet Matters’ charity amid financial struggles
Internet Matters, a charity that educates parents, schools, and caregivers about online safety, was founded in 2014 by TalkTalk alongside BT, Virgin Media, and Sky.
TalkTalk to cut hundreds more jobs in effort to save £120m
UK ISP TalkTalk is set to cut hundreds of jobs, as announced in an investor’s meeting last week, The Telegraph has reported. According to the report, the firm has already begun redundancy consultations, as it plans to cut 130 jobs in its consumer division based in Salford. More are set to follow at its wholesale business, Platform X.
TalkTalk faces mounting losses amid rescue efforts
TalkTalk has reported deepening financial woes, with losses reaching £72 million in the six months to August 2024, up from £47 million in the same period last year, according to its latest accounts which have been seen by The Telegraph.
TalkTalk auditor quits amid continuing cashflow struggles
TalkTalk’s auditor Deloitte has quit after over 22 years in the position, according to a recent report from the Telegraph. Deloitte cited serious concerns over the telecom company’s financial controls.
Room to breathe: TalkTalk secures £400m refinancing deal
TalkTalk has announced that it has signed a binding agreement on a refinancing deal that was first revealed last month. TalkTalk has been struggling with debt for several years, with the total currently standing at nearly £1 billion.
TalkTalk narrowly avoids collapse with £400m cash injection
TalkTalk has staved off defaulting on its debt by securing a refinancing package exceeding £400 million, led by its founder, Sir Charles Dunstone.
Macquarie quits discussions over TalkTalk’s wholesale division
Reports suggest that Macquarie will walk away from the £450 million deal to buy a stake in TalkTalk’s wholesale division, PlatformX Communications (PXC)
TalkTalk scrambles to secure additional funding as debt deadline looms
News The company is struggling to keep its financial health amid approaching debt repayments UK telco TalkTalk is racing to secure £200 million in funding from its founder Sir Charles Dunstone and other shareholders to avoid the business collapsing, according to a...
TalkTalk founder Sir Charles Dunstone attempts rescue with £150m cash injection
Along with its other shareholders, Talk Talk’s founder Sir Charles Dunstone is set to inject over £180 million into the company as struggles under the weight of a debt pile exceeding £1 billion.
VMO2 once again in takeover discussions with TalkTalk
This week, a report from The Telegraph suggests that VMO2 is once again in negotiations with TalkTalk related to the acquisition of the latter’s consumer business.
TalkTalk to acquire Octopus Energy’s broadband customers
Reports suggest the ISP will take almost half a million customers under its wing, following Octopus Energy’s acquisition of them from Shell Energy UK
TalkTalk CEO steps down as de-merger continues
News From March, CEO Tristia Harrison will become a non-executive director of the new independent wholesale platform The CEO of TalkTalk, Tristia Harrison, is stepping down from her role as the firm prepares for its demerger. Last week, the Broadband ISP informed...
Sky Business considers buying up TalkTalk B2B unit
News TalkTalk’s Business Direct unit serves around 80,000 corporate customers and could carry a price tag of around £150 million According to reports, Sky Business is the latest company to have expressed an interest in acquiring TalkTalk’s B2B arm, TT Business...
TalkTalk mulls break-up as debt pressure grows
News With a potential takeover by Virgin Media O2 (VMO2) now off the table, TalkTalk’s options are limited According to a report from The Telegraph, UK ISP TalkTalk is preparing to break-up and sell off the company’s various business units, largely to meet the demands...
TalkTalk planning sale of B2B arm
News Reports suggest that the unit could be worth up to £200 million This week, media reports suggest that UK ISP TalkTalk is exploring the possibility of selling off its B2B arm, TalkTalk Business Direct. The unit, which currently serves around 80,000 enterprise...
TalkTalk draws up new Business and Consumer wholesale arms
News The ISP says the move stems from “material growth in both areas” as well as the desire to better integrate their newly acquired subsidiary Virtual1 Today, UK ISP TalkTalk has announced the creation of two new wholesale divisions, one focussing on...
Virgin Media O2 offers £3bn for TalkTalk
Could the proposal spark counteroffers from the likes of Vodafone or Sky?
Giganet joins Vodafone. Zen, TalkTalk in going nationwide with CityFibre
The partnership builds on Giganet’s existing commitments, expanding from an initial 27 locations to 285 cities, towns and villages across the UK
Sky and Vodafone among those interested in buying TalkTalk
Consolidation of the UK broadband market has been a hot topic in recent months, with supporters claiming that the large number of players is leading to inefficient investment
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