TalkTalk late to pay broadband suppliers amidst financial woes — report
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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