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ISP News Archives for July 30, 2023

 
Project-Gigabit-UK-Gov-Investment-Scheme-2025

30th Jul 2023 (15 Comments)

The Government’s Building Digital UK (BDUK) agency has reportedly changed its current CEO, Paul Norris, and appointed the man who oversaw the 2022 Commonwealth Games, Dean Creamer, to take on the role after concerns were allegedly raised over “slow” progress in their £5bn Project Gigabit broadband rollout.

TalkTalk-Logo-in-Office-Next-to-Balloons

30th Jul 2023 (50 Comments)

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.

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