BT to acquire TalkTalk in £400m deal, preserving 900 jobs

BT to acquire TalkTalk in £400m deal, preserving 900 jobs

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BT has agreed to purchase broadband supplier TalkTalk in a £400 million rescue deal that will save 900 jobs. The acquisition comes amid complaints from Virgin Media O2, which has criticized the arrangement as a 'stitch-up' involving a rival provider with 1.5 million customers.

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Originally published by gnews