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UK ISP Opus Broadband, which had previously been working alongside investment firm Alchemy Partners on a c.£100m bid for TalkTalk’s debt-ridden consumer business – before BT stepped in yesterday to avoid a sudden collapse, has today said they were “surprised” by the outcome as they had a “live offer for the consumer business which had not been rejected“.
We think it’s fair to say that, before yesterday, TalkTalk had been trying to dispose of their consumer broadband business for quite a long time. Over the years they’re reported to have courted interest from Virgin Media, Vodafone and, most recently, Opus Broadband, among others.
Opus were more recently considered to be a serious bidder, although reports last month suggested they had retreated from their initial bid, only to later return at the end of September 2026 with a cut price offer (said to be worth c.£100m) for the debt-strained internet provider.