Talk Talk breakup?

A new report highlights how a £330m revolving credit facility that matures next November, £685m worth of debt maturing in February 2025, higher borrowing costs and last year’s failure to agree a £3bn takeover by Virgin Media (here) has left broadband ISP TalkTalk with few options, and a break-up of the business is now expected.

https://www.ispreview.co.uk/index.php/2023/07/debt-p...

So what does this mean for the many of smaller altnets that use TTB as their backhaul?

In reply to a post by bobble_bob:

A new report highlights how a £330m revolving credit facility that matures next November, £685m worth of debt maturing in February 2025, higher borrowing costs and last year’s failure to agree a £3bn takeover by Virgin Media (here) has left broadband ISP TalkTalk with few options, and a break-up of the business is now expected.

https://www.ispreview.co.uk/index.php/2023/07/debt-p...

So what does this mean for the many of smaller altnets that use TTB as their backhaul?

I expect they will go with who ever takes over the Talk Talk backhaul if it happens

I thought Talk Talk was doing well, but i suppose with so much choice now, they are finding it hard. Just a shame that BT don't break up,

If they go under those and cant sell it will there by a TT backhaul?

I'm glad TalkTalk bought Virtual1 and had time to turn it into just another channel provider that nickel and dime for everything right before realising they can't afford all these things, thanks guys.

In reply to a post by bobble_bob:

If they go under those and cant sell it will there by a TT backhaul?

If they go under, no. They'll stop trading.

They aren't going to go under. They'll probably be acquired by Daisy and go the way that other Daisy acquisitions have. VMO2/Liberty Global will be interested in the residential customer base.

In reply to a post by bobble_bob:

If they go under those and cant sell it will there by a TT backhaul?

I doubt Talk Talk will go under and as been said the back haul will be sold. But it is strange how things go, in the ADSL days they were useless and yet carried on going, now in the FTTC/FTTP days when they are a little better they are losing money. I suppose they can't compete, Talk Talk used to be a budget provider, but they are not so budget these days.
I said I would never go to Talk Talk and I never have, seen how they treat their customers and what their customer service is like

Are TT really that bad?

Over the years I have found there is nothing very different about any of the ISPs with maybe the exception of Plusnet.

I've had bad experiences from Vodafone, EE and Shell, to mention just a few. Their ADR representatives are just as bad.

Talk Talk really is Jekyll and Hyde

Their retail department from all accounts is poor. But TTB as a reseller is excellent.

In reply to a post by hk11:

I have found there is nothing very different about any of the ISPs with maybe the exception of Plusnet

Are you saying that (the part in bold) because you have just signed up with Plusnet?

No.

Plusnet is one if the few ISPs I have gone back to several times. I wouldn't say they are great, but their employees usually do *try* and help. Their webservers are useless, which is surprising given the business they are in, but like I say most ISPs seem to be the same.