TalkTalk late to pay broadband suppliers amidst financial woes — report

ukiw-tt-talktalk-late-payments

Source: Unsplash / Phil Desforges

TalkTalk has reportedly missed several deadlines for payments to key broadband suppliers such as Openreach and CityFibre, in latest sign of struggle from the debt-burdened UK telco…

This article includes:

  • Organisations: BT Group; CityFibre; Deloitte; Macquarie; Openreach; Platform X Communications (PXC); Sky; TalkTalk; TalkTalk Business Direct; TalkTalk Consumer; Toscafund Asset Management; Virgin Media O2 (VM O2); Vodafone UK.
  • Geographies: Europe; United Kingdom (UK).
  • People: Charles Dunstone.
  • Themes: Acquisitions; Altnets; Asset management; Broadband; Business restructuring; Cash flow; Competition; Credit maturities; Customer losses; Debt; Debt refinancing; Financial reporting; Funding; Interest rates; Private equity; Refinancing; Suppliers; Wholesalers; Wholesale broadband; Workforce cuts.

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