Virgin Media O2 in Discussions to Acquire Rival TalkTalk

Virgin Media O2 is in discussions to acquire TalkTalk Telecom Group Ltd., marking another round of telecom consolidation, according to people familiar with the matter.

British cable and wireless operator VMO2, brought together in a 2021 merger by Liberty Global Plc and Telefonica SA, has held exploratory discussions with the smaller fixed company but it’s possible no deal is agreed, the people said, asking not to be named because the discussions are private.