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BT agrees to acquire TalkTalk to prevent collapse

BT has reached a deal to buy TalkTalk, the UK's fourth-largest broadband provider, to head off TalkTalk's potential bankruptcy. With 1.5 million retail and 1 million wholesale customers, TalkTalk's collapse could have cut off vital service for millions. The deal, worth around £400 million according to BT estimates, requires approval from competition regulators and may face further scrutiny from the UK government over market control.

Why it mattersThis could reshape UK broadband, putting even more customers under BT. Approval isn't guaranteed, with the government concerned about competition and national infrastructure risks.

Sources covering this

TechRadarBT signs rescue deal to save TalkTalk — but the UK Government still wants to have its say on 'genuinely unprecedented situation'8:27 AM →The RegisterHeadline onlyBT buys TalkTalk out of administration to keep 2.5M customers connected9:52 AM →
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