TalkTalk

TalkTalk intends to sell B2B business to Daisy

TalkTalk intends to sell its direct B2B business to The Daisy Group for £175 million. The two companies have each signed heads of terms on a proposed deal which would transfer all existing TalkTalk direct B2B customers to Daisy.

The deal includes around 80,000 small, small to medium and large businesses, and TalkTalk says that this represents less than 20 per cent of the company’s B2B revenues. The transaction is subject to contract, with the intention to complete in late July 2018.

TalkTalk in discussions for UK FTTP roll out

TalkTalk is in discussions with Infracapital with a view to rolling out full fibre across the UK.

The company announced within its Q3 results that it has agreed to create an independent company, representing 80 per cent Infracapital and 20 per cent TalkTalk, to provide fibre to more than three million homes and businesses across mid-sized towns and cities in the UK.

With a potential equity investment of up to £500 million, TalkTalk is to be a founding wholesale customer for the new company.

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