Talk Talk shares fall as operator warns on profits February 1, 2019 Talk Talk has warned it will miss its own profit guidance and analyst expectations as it was hit by new accounting standards and investment in its fibre network. The mobile and broadband provider said it expects earnings before interest, tax, depreciation and amortisation (Ebitda) will fall between £245m and £250m for the 2019 financial year. Read [...]
Talk Talk to move London HQ to Salford as it launches plan for full-fibre broadband rollout November 21, 2018 Talk Talk has said it will be moving its headquarters to Salford next year, taking "the vast majority of London roles" with it as it announced rising profits and plans to roll out full-fibre broadband across the UK. As the telecoms giant ramps up cost efficiency plans, Talk Talk said it believes the move to be "crucial" to aligning [...]
TalkTalk share price dips as broadband battle heats up: Price wars looming in UK telecoms market July 22, 2015 Telecom firm TalkTalk became the first victim of an increasingly competitive battle to win broadband customers yesterday, after £330m was wiped off the group due to concerns over the UK’s market. The firm, led by chief executive Dido Harding, saw shares close down nearly nine per cent after results showed revenue growth of 3.5 [...]
TalkTalk moves to obstruct BT’s £12.5bn EE deal June 17, 2015 A fresh skirmish broke out between TalkTalk and BT yesterday, after BT published a consultancy report in support of its proposed £12.5bn takeover of EE. BT chief excecutive Gavin Patterson said the combination would create a “true UK digital champion”, while EE boss Olaf Swantee hit out at rivals who are trying to block the [...]
TalkTalk chief Dido Harding pushes to split BT and Openreach as profit rises May 14, 2015 TalkTalk boss Dido Harding renewed her calls for the regulator to force BT to sell its telecoms network division Openreach yesterday, and said more competition in the market would lead to further investment. Harding made the comments while discussing TalkTalk’s results for the year to 31 March, which showed a 3.2 per cent rise [...]
Talk Talk share price rises after jump in financial forecasts May 14, 2015 TalkTalk has told investors they can expect a bumper year in 2017, after it raised its financial outlook expectations. Its share price rose around 2.5 per cent in early trading. The figures Talk Talk’s revenue for the full year to 31 March was up 4.2 per cent to £1.8bn, but there was no real move [...]
Digital probe sparks row over broadband as Sky and Talk-Talk press Ofcom to break up BT and Openreach March 12, 2015 A battle between the UK’s largest telecommunications businesses intensified yesterday, as Sky and Talk-Talk pounced on a decision by the regulator to launch a wide-ranging probe into the sector. Both firms ramped up pressure on Ofcom to break up BT from the part of its business – called BT Openreach – that runs the UK’s broadband [...]
TalkTalk trips as costs fall slower than anticipated February 3, 2015 TALKTALK was bruised in morning trading yesterday after it revealed an unsuccessful IT project and additional costs from its takeover of BlinkBox would hit its full-year profit forecast. “Two broad things have led us to guide that we will be towards the bottom end of current market expectations,” TalkTalk chief executive Dido Harding told City [...]
Sky and TalkTalk join the list of bidders circling Telefonica’s O2 January 20, 2015 EUROPEAN pay-TV broadcaster Sky has been named among the growing list of parties interested in bidding for Telefonica’s UK mobile network O2, which was spurned by BT before Christmas in favour of a £12.5bn bid for rival EE. Talks between Telefonica and Sky, as well as interest from UK value player TalkTalk, were first reported [...]
Sky and Talk Talk are the latest in the frame to buy O2 from Telefonica January 20, 2015 Sky and Talk Talk are the latest to join the queue of apparent bidders to snap up UK mobile business O2 from Telefonica. Talks between the Spanish telecoms firm and Sky and Talk Talk are said to be taking place, according to reports, just days after it was revealed China’s Hutchison Whampoa, the owner of [...]