TalkTalk in ‘final stages’ of deals to sell divisions amid administration threat

TalkTalk has said it remains in ‘advanced discussions’ with potential buyers of its consumer and broadband businesses as the troubled telecoms firm races to secure its future (PA) - (PA Archive)

TalkTalk has said it remains in “advanced discussions” with potential buyers of its consumer and broadband businesses as the troubled telecoms firm races to secure its future.

Britain’s fourth-largest broadband provider said it was in the final stages of agreeing sales for its two divisions as speculation swirls that it could be heading for administration if it cannot reach agreement on deals.