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TalkTalk buys Tesco broadband, Blinkbox movies

2015-01-08 09:27:00| Telecompaper Headlines

(Telecompaper) UK ISP TalkTalk has acquired financially strapped supermarket chain Tesco's Blinkbox VoD movie and TV series business and its broadband and voice customers, debt free and as a single cash transaction. Blinkbox's technical expertise in multi-platform, multi-device content delivery and incremental content relationships are complementary to its buyer's strategy of being the best value for money TV provider in the UK, TalkTalk says, adding that TalkTalk is the fastest growing TV platform in the UK with more than 1.2 million customers. The acquisition will help TalkTalk deliver key initiatives significantly faster, such as offering a pay 'TV anywhere' app. TalkTalk said integration of Blinkbox will begin immediately. Benefits and synergies from restructuring the combined platform are expected to be felt from the end of the year. Tesco's broadband and voice base represents about 75,000 broadband and 20,000 voice subscribers, who will be transferred to the TalkTalk network in the coming months. TalkTalk does not disclose financial details, but the Telegraph writes that Tesco will raise GBP 5 million from the sale.

Tags: movies broadband buys tesco

 

Tesco joins supermarket price war

2015-01-08 01:00:31| BBC News | Business | UK Edition

Tesco cuts prices on some big-brand products on the day that new Tesco boss Dave Lewis is due to set out options for reviving the troubled supermarket.

Tags: price war joins supermarket

 
 

TalkTalk buys Tesco Broadband, Blinkbox streaming service

2015-01-08 01:00:00| Total Telecom industry news

U.K. telco talks up TV anywhere opportunity; bolsters broadband base by 75,000 households.

Tags: service broadband streaming buys

 

New Tesco boss to reveal plans to turn around struggling business

2015-01-05 14:41:19| Food - Topix.net

New Tesco boss Dave Lewis will set out his plans to turn around the fortunes of Britain's biggest supermarket when it publishes latest trading figures on Thursday. The former Unilever executive is due to unveil his strategy to shore up the group's position in the UK grocery sector and bolster its cash war chest.

Tags: business turn plans boss

 

Asda boss compares Tesco accounting scandal to - Horsegate', saying...

2015-01-03 04:39:36| Grocery - Topix.net

Asda chief executive Andy Clarke has expressed concern for the reputation of the grocery industry as a whole after the Tesco accounting scandal which saw it overstate profits to the tune of A 263m. In an interview with the Telegraph , Clarke said he expected its rival to "bounce back" but added that consumer trust has been impacted across the sector.

Tags: accounting saying boss scandal

 

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