{"id":16440,"date":"2018-06-29T18:53:35","date_gmt":"2018-06-29T17:53:35","guid":{"rendered":"https:\/\/www.ispreview.co.uk\/?p=16440"},"modified":"2018-06-29T18:53:35","modified_gmt":"2018-06-29T17:53:35","slug":"isp-talktalk-scraps-175m-sale-of-uk-b2b-business-to-daisy-group","status":"publish","type":"post","link":"https:\/\/www.ispreview.co.uk\/index.php\/2018\/06\/isp-talktalk-scraps-175m-sale-of-uk-b2b-business-to-daisy-group.html","title":{"rendered":"ISP TalkTalk Scraps \u00a3175m Sale of UK B2B Business to Daisy Group"},"content":{"rendered":"<p>UK ISP <a href=\"https:\/\/www.ispreview.co.uk\/index.php\/go\/tt\" rel=\"nofollow\" target=\"_blank\">TalkTalk<\/a> has this afternoon announced a joint agreement &#8220;<em>not to proceed with the proposed sale<\/em>&#8221; of their direct B2B business customers to The Daisy Group. The sudden announcement follows a tumultuous week for Daisy (<a href=\"https:\/\/www.ispreview.co.uk\/index.php\/2018\/06\/failure-to-sell-ceo-of-uk-isp-daisy-group-exits-the-building.html\">here<\/a>), which lost its CEO after a failed attempt to sell the business.<!--more--><\/p>\n<p>The deal (<a href=\"https:\/\/www.ispreview.co.uk\/index.php\/2018\/05\/talktalk-top-4-05m-broadband-subs-update-on-ftth-and-sell-b2b.html\">here<\/a>), which was valued at <strong>\u00a3175m<\/strong> and included around 80,000 of <a href=\"https:\/\/www.ispreview.co.uk\/index.php\/go\/tt\" rel=\"nofollow\" target=\"_blank\">TalkTalk<\/a>&#8217;s SoHo, SME and large enterprise clients, was originally due to complete in late July 2018. As part of the agreement <a href=\"https:\/\/www.ispreview.co.uk\/index.php\/go\/tt\" rel=\"nofollow\" target=\"_blank\">TalkTalk<\/a>&#8217;s clients would have continued to be served by their network, albeit with the customers themselves being under the ownership of Daisy. Nevertheless this deal has today come to an abrupt halt.<\/p>\n<blockquote class=\"bq1\"><p><strong>TalkTalk&#8217;s Statement<\/strong><\/p>\n<p>TalkTalk and The Daisy Group have jointly agreed not to proceed with the proposed sale of TalkTalk&#8217;s direct B2B business, as announced on 24 May 2018.<\/p>\n<p>TalkTalk will continue to manage all direct B2B business, providing uninterrupted services for customers. FY19 EBITDA guidance remains at the originally stated 15% year-on-year growth (FY18 \u00a3233m).<\/p>\n<p>Daisy remains an important, long-term strategic partner for TalkTalk.<\/p><\/blockquote>\n<p>The move has had a negative impact on TalkTalk&#8217;s share price today, not least because the money they stood to secure could have helped to fund their ambitious \u00a31.5bn project to deploy a new Gigabit capable <strong>Fibre-to-the-Home<\/strong> (<a href=\"https:\/\/www.ispreview.co.uk\/index.php\/link\/ftth\">FTTH<\/a>\/P) broadband network to 3 million UK premises (<a href=\"https:\/\/www.ispreview.co.uk\/index.php\/2018\/02\/isp-talktalk-propose-full-fibre-broadband-3-million-uk-premises.html\">here<\/a>).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>UK ISP TalkTalk has this afternoon announced a joint agreement &#8220;not to proceed with the proposed sale&#8221; of their direct B2B business customers to The Daisy Group. The sudden announcement follows a tumultuous week for Daisy (here), which lost its CEO after a failed attempt to sell the business.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[1],"tags":[472,74],"class_list":["post-16440","post","type-post","status-publish","format-standard","hentry","category-uk_isp_news","tag-business","tag-talktalk"],"share_on_mastodon":{"url":"","error":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ISP TalkTalk Scraps \u00a3175m Sale of UK B2B Business to Daisy Group - ISPreview UK<\/title>\n<meta name=\"description\" content=\"UK ISP TalkTalk has this afternoon announced a joint agreement &quot;not to proceed with the proposed sale&quot; of their direct B2B business customers to The Daisy\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ispreview.co.uk\/index.php\/2018\/06\/isp-talktalk-scraps-175m-sale-of-uk-b2b-business-to-daisy-group.html\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ISP TalkTalk Scraps \u00a3175m Sale of UK B2B Business to Daisy Group - ISPreview UK\" \/>\n<meta property=\"og:description\" content=\"UK ISP TalkTalk has this afternoon announced a joint agreement &quot;not to proceed with the proposed sale&quot; of their direct B2B business customers to The Daisy\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ispreview.co.uk\/index.php\/2018\/06\/isp-talktalk-scraps-175m-sale-of-uk-b2b-business-to-daisy-group.html\" \/>\n<meta property=\"og:site_name\" content=\"ISPreview UK\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ispreview\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/ispreview\" \/>\n<meta property=\"article:published_time\" content=\"2018-06-29T17:53:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.ispreview.co.uk\/wp-content\/uploads\/2020\/07\/ispreview_uk_logo.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"1000\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mark Jackson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ispreview\" \/>\n<meta name=\"twitter:site\" content=\"@ispreview\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mark Jackson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\\\/\\\/www.ispreview.co.uk\\\/index.php\\\/2018\\\/06\\\/isp-talktalk-scraps-175m-sale-of-uk-b2b-business-to-daisy-group.html#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ispreview.co.uk\\\/index.php\\\/2018\\\/06\\\/isp-talktalk-scraps-175m-sale-of-uk-b2b-business-to-daisy-group.html\"},\"author\":{\"name\":\"Mark Jackson\",\"@id\":\"https:\\\/\\\/www.ispreview.co.uk\\\/#\\\/schema\\\/person\\\/de66a8b4e937c21c80e443d1bf9c35d5\"},\"headline\":\"ISP TalkTalk Scraps \u00a3175m Sale of UK B2B Business to Daisy Group\",\"datePublished\":\"2018-06-29T17:53:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.ispreview.co.uk\\\/index.php\\\/2018\\\/06\\\/isp-talktalk-scraps-175m-sale-of-uk-b2b-business-to-daisy-group.html\"},\"wordCount\":241,\"commentCount\":2,\"publisher\":{\"@id\":\"https:\\\/\\\/www.ispreview.co.uk\\\/#organization\"},\"keywords\":[\"Business\",\"TalkTalk\"],\"articleSection\":[\"ISP News\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.ispreview.co.uk\\\/index.php\\\/2018\\\/06\\\/isp-talktalk-scraps-175m-sale-of-uk-b2b-business-to-daisy-group.html#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ispreview.co.uk\\\/index.php\\\/2018\\\/06\\\/isp-talktalk-scraps-175m-sale-of-uk-b2b-business-to-daisy-group.html\",\"url\":\"https:\\\/\\\/www.ispreview.co.uk\\\/index.php\\\/2018\\\/06\\\/isp-talktalk-scraps-175m-sale-of-uk-b2b-business-to-daisy-group.html\",\"name\":\"ISP TalkTalk Scraps \u00a3175m Sale of UK B2B Business to Daisy Group - 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