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Talktalk Telecom Group PLC (TALK.L)

TALK.L on London Stock Exchange

184.50GBp
10:46am EDT
Change (% chg)

0.30 (+0.16%)
Prev Close
184.20
Open
182.20
Day's High
185.20
Day's Low
182.20
Volume
1,615,597
Avg. Vol
3,063,189
52-wk High
280.18
52-wk Low
144.96

Latest Key Developments (Source: Significant Developments)

TalkTalk announces upsizing, pricing of 400 mln stg senior notes offering
Thursday, 12 Jan 2017 10:29am EST 

TalkTalk Telecom Group Plc : Upsizing and pricing of 400 million stg senior notes . Has priced its offering of 400 million stg senior notes due 2022 with a coupon of 5.375 pct . Offering was multiple times over-subscribed, leading to an upsizing from previously announced 300 million stg aggregate principal amount . Offering is expected to close on Jan. 17, 2017 upon satisfaction or waiver of customary closing conditions .Proceeds of offering will be used to repay certain existing facilities and to pay fees and expenses incurred in connection with offering.  Full Article

TalkTalk to offer 300 million stg senior notes due 2022
Monday, 9 Jan 2017 03:40am EST 

TalkTalk Telecom Group Plc : Proposed offering of 300 million stg senior notes . Proceeds of offering will be used to repay certain existing facilities and to pay fees and expenses incurred in connection with offering .There will be no public offering of notes.  Full Article

TalkTalk H1 earnings up 44 pct, sees year towards lower end of guidance
Tuesday, 15 Nov 2016 02:31am EST 

Talktalk : Says fy17 ebitda to be toward the lower end of 320 million stg to 360 million stg range . Sees a return to subscriber growth in full year 2018 . Final dividend expected to be in line with fy16 and broadly covered by operating free cash flow . H1 ebitda up 44 percent to 130 million stg, revenue down 1.1 percent to 902 million stg .Interim dividend 5.29 pence, q2 churn reduced to 1.43 percent.  Full Article

TalkTalk calls ICO fine "disappointing"
Wednesday, 5 Oct 2016 09:12am EDT 

Talktalk Telecom Group Plc : TalkTalk statement . Has cooperated fully with ICO at all times; this is clearly a disappointing decision . Has cooperated fully with ICO at all times .As case remains subject of an ongoing criminal prosecution, we cannot comment further at this time.  Full Article

UK's CMA says BT, TalkTalk to pay CMA’s costs related to appeal
Wednesday, 20 Jul 2016 07:03am EDT 

UK's CMA (Competition and Markets Authority): UK's CMA says TalkTalk shall pay CMA’s costs in relation to TalkTalk appeal in the sum of 112,333 stg .UK's CMA says BT shall pay CMA’s costs in relation to BT appeal in the sum of 572,897 stg.  Full Article

TalkTalk says largely immune to any brexit fallout
Wednesday, 20 Jul 2016 03:04am EDT 

Talktalk Telecom Group Plc CEO says : Ceo 'happy' with broadband performance, says focus on churn paying off, being rational about new additions . Ceo sees no impact on outlook from brexit, says as value broadband provider company is largely immune Further company coverage: [TALK.L] (Reporting By London Bureau) ((uk.online@reuters.com; +44 20 7542 7717;)).  Full Article

UK's CMA publishes determination in broadband appeals involving BT and TalkTalk
Monday, 20 Jun 2016 06:41am EDT 

UK'S Competition and Markets Authority(CMA): Determination in 2 superfast broadband price control appeals has been published . Dismissed BT’s challenges regarding broadband price controls in all but one of the issues it was asked to look at . Agreed with BT that ofcom made error in setting length of relevant compliance period; determined this should be extended to 6 months . Dismissed the challenges in Talktalk’s appeal regarding broadband price controls Further company coverage: (http://bit.ly/28ICG5Q) (Bengaluru Newsroom: +91 80 6749 1136).  Full Article

UK's Ofcom asked to resolve dispute between TalkTalk and BT
Friday, 3 Jun 2016 06:16am EDT 

Ofcom : Uk's ofcom says asked to resolve dispute between talk talk and british telecommunications concerning charges for special fault investigation services . Dispute concerns allegations by talktalk that amounts bt charged it for TRCS & SFIS, in between 1 april 2011- 30 june 2014, were inconsistent with bt's basis of charges obligations (((Bengaluru Newsroom +91 806 749 1136);)).  Full Article

Talktalk says back on track after 2015 data breach
Thursday, 12 May 2016 02:00am EDT 

Talktalk Telecom Group Plc : Strong recovery in q4: net adds flat, +148k rgus, lowest ever churn at 1.3% . Fy ebitda . of £260m in line with guidance; material step up in h2 margin to 18.4% . Fy ebitda . of £260m in line with guidance; material step up in h2 margin to 18.4% . Reiterating fy17 guidance . : modest revenue growth and £320m-£360m ebitda . Fy17 dividend expected to be at least in line with fy16 and covered by free cashflow . Q4 on-net net adds flat; rgu growth +148k . Mobile +90k (14.9% share of new sim market); fibre +72k; tv -14k . Lowest ever quarterly churn at 1.3% . Fy pretax profit 14 million stg . Final dividend 10.58 penceper share . Total dividend 15.87 penceper share .Fy revenue rose 2.4 percent to 1.838 billion stg.  Full Article

Talktalk Telecom Group PLC gives FY 2016, 2017 EBITDA guidance
Tuesday, 2 Feb 2016 02:00am EST 

Talktalk Telecom Group PLC:Expects FY 2016 EBITDA in the range £255 mln-£265 mln.Expects FY 2017 EBITDA in the range of £320 mln-£360 mln.  Full Article

More From Around the Web

Fitch Rates TalkTalk Telecom GBP400m Senior Unsecured Notes Final 'BB-'/'RR4'

(The following statement was released by the rating agency) LONDON, January 16 (Fitch) Fitch Ratings has assigned TalkTalk Telecom Group PLC's (TalkTalk) new GBP400m senior unsecured notes due 2022 a final debt instrument rating of 'BB-'/Recovery Rating 'RR4'. Proceeds from the issue were principally used to repay borrowings under the revolving credit facility and a term loan. The terms of the issued notes are materially in line with Fitch's assumptions as detailed in the agency's rating ac