TalkTalk plots break-up of telecoms and broadband group

TalkTalk plots break-up of telecoms and broadband group

The company founded by Sir Charles Dunstone has convened a beauty parade of investment banks to oversee a strategic review and sale of its two divisions, Sky News learns.

TalkTalk Attempting to Sell UK Consumer and Wholesale Business Again

The heavily indebted TalkTalk Group has reportedly begun the process of hiring City advisers – with both Barclays or Morgan Stanley said to be in the frame – in order to oversee the possible breakup and sale of their consumer broadband arm of the same name, and their PXC wholesale division. The provider, which in the last month or so has been in the news several times due to alleged disputes with suppliers over payments and fees (here and here),…