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BT agrees rescue deal to save TalkTalk from administration
Original: BT agrees rescue deal to save TalkTalk from administration https://www.standard.co.uk/business/business-news/bt-agrees-r
BT has agreed a rescue deal to keep TalkTalk from collapsing into administration, according to the London Evening Standard. The move would see one of the UK's best-known broadband providers taken under the wing of its larger rival, protecting millions of customer connections and marking a major consolidation in the British telecoms market. Details of the price and terms have yet to be widely reported, and reaction is still forming.
Why now: A last-minute rescue of a major UK broadband provider is significant news for millions of customers and the telecoms sector.
Evidence
- BT agrees rescue deal to save TalkTalk from administration https://www.standard.co.uk/business/business-news/bt-agrees-rescue-deal-to-save-talktalk-from-administration-b1299518.html # Business # News # Tech · the_standard@robot.villas · 4
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