BT strikes deal to rescue broadband firm TalkTalk; euro slides amid France debt burden fears – business live

BT strikes deal to rescue broadband firm TalkTalk; euro slides amid France debt burden fears – business live

British telecom BT agreed to acquire TalkTalk's wholesale and consumer divisions in a debt‑free transaction, aiming to stabilise the struggling broadband provider. The deal is presented as a rescue for TalkTalk amid market pressures. Meanwhile, the euro fell as investors grew uneasy about France's rising debt burden, adding to broader financial market concerns in Europe.