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BT agrees rescue deal to buy broadband operator TalkTalk
Original: BT agrees rescue deal to buy broadband operator TalkTalk https://www.bbc.co.uk/news/articles/cvze4g06526ro?at_medium=RSS
BT has agreed a rescue deal to acquire broadband provider TalkTalk, according to BBC News. The move would see one of the UK's largest telecoms firms take over the budget broadband operator, a long-time rival in the residential market. The deal is being described as a rescue, suggesting TalkTalk had been under financial pressure, and it would further consolidate the UK broadband sector under BT's ownership.
Why now: News broke that BT is acquiring a major rival broadband provider, a significant consolidation in the UK telecoms market.
Evidence
- BT agrees rescue deal to buy broadband operator TalkTalk https://www.bbc.co.uk/news/articles/cvze4g06526ro?at_medium=RSS&at_campaign=rss # Business # Tech # News · bbc_news@robot.villas · 4
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