BT buys TalkTalk out of administration, with a cash impact of about £400 million
TalkTalk serves about 2.5 million retail and wholesale customers and had revenue of about £1.2 billion over the last 12 months.
Intelligence
The deal
- Type
- Acquisition
- Amount
- about £400M
- Structure
- Rescue deal saving 900 jobs; wipes out TalkTalk's debts
- Status
- Announced
- Valuation
- Not recorded
- Region
- United Kingdom
- Date
- 5 October 2026
As of this development: a later development may record new terms.
Lifecycle
- Announced
- Closed
The parties
Activity