Virgin Media O2 slams BT's planned TalkTalk acquisition

Virgin Media O2 has criticized BT's plan to acquire bankrupt UK broadband provider TalkTalk for £400m, calling it a "stitch-up masked as a rescue deal." The objection comes as the CMA weighs blocking Nexfibre's takeover of Netomnia over competition concerns.

• BT to acquire TalkTalk and PlatformX for £400m, securing service for 2.5m customers
• CMA may block Nexfibre-Netomnia deal over reduced wholesale competition
• Virgin Media O2 aims to expand Nexfibre footprint to 8m premises by end of 2027
• Infravia, Liberty Global and Telefónica to commit £1bn in new funding for Nexfibre