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Major UK broadband providers have pledged to cut prices for out-of-contract customers after Ofcom carried out a review into the market. Sky, BT and Talktalk have all agreed to allow customers whose initial contracts have ended to get the same deals as new customers when they renew their contracts. Read more: BT leads push for [...]
A broadband network backed by Goldman Sachs is in discussions to buy a Fibrenation, a venture established by Talk Talk. Cityfibre is among a small group of bidders in the running to take over the company, Sky News reported. Read more: Full fibre broadband will power our next industrial revolution Around three parties, including other [...]
Broadband provider Talktalk today said its first quarter trading was in line with expectations, as growing demand for high-speed internet boosted sales. The telecoms firm posted a 1.3 per cent rise in revenue to £387m in the three months to the end of June, and said its full-year guidance remains unchanged. Read more: Talktalk narrows [...]
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 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 [...]
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 [...]
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 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 [...]
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 [...]
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 [...]
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