Tag: talk-talk

Daisy buys TalkTalk’s direct B2B business

Posted on May 25, 2018 by - News

DaisyDaisy is to write a £175 million cheque for  TalkTalk’s direct B2B business.

TalkTalk announced the proposed sale as it published its financial results.

TalkTalk spent the last year  restructuring plans in an attempt to reverse its fortunes and getting rid of its B2B business to Daisy seems a way to downsize.

The firm will hang on to its wholesale and indirect B2B businesses, with Daisy taking over the direct business of 80,000 corporate customers running on TalkTalk’s network.

TalkTalk said this segment of the business equates to less than 20 percent of its overall B2B revenue. The firm’s corporate revenue was £373 million in the reported financial year.

CEO Tristia Harrison said: “When we reset TalkTalk a year ago, we said we would focus on delivering sustained customer growth while radically simplifying the business. One year into the strategy, we are making good progress on both.

“Our customer base grew by 192,000 in FY18, underpinned by our unique propositions and our lowest ever churn. We have also made real progress in simplifying the business to focus on core, fixed connectivity. This will continue into FY19 with the sale of our direct B2B business, as we focus on cementing our position as the market leader in our core B2B markets, partner and wholesale, which represent over 80 percent of our B2B business and continue to grow strongly.”

Talk-talk wants channel to support “Fix Britain’s Internet”

Posted on September 27, 2016 by - News

essential-talk-talk-51fd8e90e1476TalkTalk is asking its channel partners to support the “Fix Britain’s Internet “campaign which is calling for the privatisation of BT Openreach.

For those who came in late,  the campaign was created by Vodafone, Sky and TalkTalk, and is designed to help consumers and businesses to make their voices heard during Ofcom’s ten week public consultation period. TalkTalk’s wants its channel partners to joined the fight.

Ofcom published its Strategic Review of Digital Communications admiting that major reform was needed. Several months later, the watchdog set out proposals that would not force BT to spin off Openreach, but instead suggested that Openreach should be run as a legally separate company within BT Group, with its own board, and an independent chairman.

However the competing service providers fear this is not enough and want everyone to oppose it. In a statement Talk Talk said:

“Our partners’ have a firsthand experience of Openreach’s poor service provisioning has fueled their desire to support the campaign and encourage more businesses to get in touch with Ofcom before the consultation closes on 4th October 2016.”

 

Broadband essential to SMEs

Posted on January 12, 2015 by - News

oldphoneA survey has revealed that Britain’s small to medium enterprises (SMEs) still have worries about growing their businesses in 2015.
The survey, commissioned by TalkTalk Business, asked 1,000 British small businesses how optimistic they are about revenues and growth this year.
Of those surveyed, 27 percent are “very optimistic”, but of those remaining, 20 percent don’t think 2015 will be a bumper year.
Obviously TalkTalk has an agendum with this survey and the results showed close to 90 percent of the SMEs believed broadband connectivity is vital to their businesses.
The top five priorities the survey discovered for SMEs is that they wanted to grow revenues; improve their teams’ morale; expand their businesses; cut costs; and invest in new technology.
TalkTalk has launched a broadband package aimed at SMEs, and figures it has released claim that its business package is cheaper than BT Business Unlimited, Plusnet unlimited and Chess essential max broadband.

 

TalkTalk buys Tesco’s Blinkbox

Posted on January 8, 2015 by - News

tesco-blinkboxTalkTalk confirmed  that it has written a cheque for Tesco’s Blinkbox Movies business and in a three for two deal bought the supermarket giants budget fixed line broadband and phone customers.

Tesco has been suffering from a pile of financial hurt and has been looking to offload some of its  less lucrative assets. Web-based Blinkbox video streaming service was given a kicking from better offerings from Netflix, Amazon and NOW TV.

Tesco originally took ownership of Blinkbox for £3m in 2011. Since then the supermarket giant has added Blinkbox Books through the £4.5m acquisition of digital book service Modcast and they later paid £10.8m to buy music streaming service WE7, which was turned into Blinkbox Music.

But the service has not made enough cash and last we heard made a post-tax loss of £24.7m on total revenues of just £3.5m.

Vodafone and TalkTalk were known to have an expressed an in the service.

TalkTalk said that the integration of blinkbox with its YouView based TV business would “begin immediately” through a restructuring of the combined platform.

Adrian Letts, Blinkbox CEO and Co-Founder, will join TalkTalk as Managing Director for TV and report to Tristia Harrison, Managing Director of the ISPs consumer business.

Buying Tesco’s broadband base is another example of TalkTalk trying to make  its national network to grow faster.

Apparently Tesco’s broadband customers, which were still using Vodafone’s LLU telecoms network, will be transferred across to the TalkTalk platform  by September 2015.