TalkTalk races to sell consumer and broadband arms as administration looms

Customers and jobs ‘top priority’ as company closes in on deals with Opus Broadband and investment group Octopus

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TalkTalk is scrambling to secure its future amid the threat of administration, closing in on deals to sell its consumer and broadband arms as it seeks to save 900 jobs.

The telecoms company said on Friday it was in the final stages of sealing deals to sell its consumer business as well as its wholesale operation, PXC.