BT to buy broadband supplier TalkTalk, saving 900 jobs

UK’s fourth-biggest broadband provider has been seeking a buyer for several years Business live – latest updates BT has agreed to buy broadband supplier TalkTalk out of administration in a rescue deal that saves 900 jobs. The company said it had struck a deal to acquire TalkTalk and its wholesale business PlatformX Communications on a debt-free basis, in a move that is expected to cost it £400m. Continue reading...