BT to buy broadband supplier TalkTalk in £400m rescue deal, saving 900 jobs
by Lauren Almeida and Mark Sweney from World news | The Guardian on (#78V21)
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BT has agreed to buy the broadband supplier TalkTalk out of administration in a 400m rescue deal that will save 900 jobs.
The company said it had struck a deal to acquire TalkTalk and its wholesale business PlatformX Communications (PXC) on a debt-free basis, in a move that is expected to cost it 400m.
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