Ovo sues Talktalk over failed broadband customer deal
2 Articles
2 Articles
Broadband ISP TalkTalk UK Sued by Ovo Over Troubled 2022 Customer Sale
Debt strained internet provider TalkTalk, which is currently trying to sell off its various divisions again (here), is being sued by another financially strained company, Ovo Energy, following a 2022 deal that saw the ISP acquire Ovo’s base of 135,000 (approximately) former SSE Phone & Broadband customers for an undisclosed sum (here and here). Just to recap. Ovo originally acquired SSE’s household energy and broadband business for £500m in Janu…
Ovo sues Talktalk over failed broadband customer deal
Ovo Energy has launched legal action against Talktalk over a dispute stemming from a failed broadband customer transfer, adding pressure on both companies as they battle financial challenges. The claim centres on a 2022 deal in which Ovo sold a telecoms business, originally acquired through its takeover of SSE Energy Services , to Talktalk, transferring around 135,000 broadband customers. Under the agreement, Talktalk paid an upfront sum and com…
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