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Evening Standard
Evening Standard
Holly Williams

BT agrees rescue deal to save TalkTalk from administration

BT says it has stepped in to save TalkTalk (PA) - (PA Archive)

BT Group has agreed a rescue deal to buy TalkTalk’s consumer and wholesale businesses out of administration in a move protecting around 900 jobs and telecoms supply to millions of customers and vital public services.

The telecoms giant said it had stepped in to save TalkTalk and its PlatformX Communications (PXC) business from collapse in a “genuinely unprecedented situation”.

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