BT to buy broadband supplier TalkTalk, saving 900 jobs

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