BT agrees deal to buy TalkTalk businesses in rescue from bankruptcy

Britain’s BT Group has agreed to buy the consumer and wholesale businesses of internet and telecommunications provider TalkTalk in a deal aimed at saving it from bankruptcy.

The rescue is intended to protect communications services used by millions of homes, making continuity for customers a central concern.

The agreement also seeks to safeguard connectivity supporting vital public services, extending its importance beyond household internet and telephone access.

The planned acquisition covers both TalkTalk’s consumer-facing operations and its wholesale business. No purchase price or timetable for completion was provided in the announcement details available.