Browsing Tag
PlatformX Communications
2 posts
BT takes TalkTalk out of administration with £400m FY27 cash impact
BT has acquired TalkTalk's telecom operations on a debt-free basis to protect 2.5 million retail and wholesale customers, but the widely cited £400m figure includes far more than acquisition consideration.
BT Group (LSE: BT.A) gains as TalkTalk rescue brings £400m cash hit and live CMA review
BT has acquired TalkTalk and PlatformX out of administration to protect 2.5 million customers, but its estimated £400 million FY27 cash impact includes far more than purchase consideration and the completed transaction is now subject to an unusually high-profile competition and public-interest review.