TalkTalk is in final talks to sell its consumer and wholesale businesses to avoid administration and protect jobs
According to The Guardian Business, TalkTalk is in the final stages of sealing deals to sell its consumer and wholesale businesses, including its wholesale operation PXC, in order to avoid administration and protect about 900 jobs, with potential buyers including Opus Broadband and investment group Octopus.
Key facts
- 01TalkTalk is in the final stages of sealing deals to sell its consumer and wholesale businesses.
- 02The deals aim to avoid administration and protect about 900 jobs.
- 03Potential buyers include Opus Broadband and investment group Octopus.
- 04The wholesale operation named PXC is part of the sale consideration.
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- TalkTalk races to sell consumer and broadband arms as administration looms · The Guardian Business