Mark Kleinman(@MarkKleinmanSky):Exclusive: BT Group has reached a deal to acquire both TalkTalk's wholesale arm, PXC, and its consumer broadband operations, via a pre-pack administration which will be announced this morning. TalkTalk's largest creditor, Ares Management, is expected to be paid £100m. More soon.

Mark Kleinman

@MarkKleinmanSky

Sky News City editor, CityAM columnist; winner, 2021 British Journalism Awards; twice London Press Club Business Journalist of the Year. Charlton Athletic fan.

Joined September 2009

433 Following 76.8K Followers

Mark Kleinman@MarkKleinmanSky

2026.10.05 05:11

Exclusive: BT Group has reached a deal to acquire both TalkTalk's wholesale arm, PXC, and its consumer broadband operations, via a pre-pack administration which will be announced this morning. TalkTalk's largest creditor, Ares Management, is expected to be paid £100m. More soon.