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BT rescues TalkTalk in £400m deal
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BT has agreed a £400m rescue deal to buy broadband operator TalkTalk out of administration, safeguarding services for millions of customers and saving 900 jobs. The deal, which includes TalkTalk's wholesale arm PlatformX Communications, faces regulatory scrutiny, with the culture secretary ordering an investigation and Virgin Media criticising it as a 'stitch up'.
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