TalkTalk bidding to reset after making £75m loss
Warrington-based telecoms company TalkTalk has plunged into a pre-tax loss of £75m from a profit of £30m in the half year to September 30.
Revenue has also fallen from £902m in the corresponding period last year to £856m, as its new chief executive Tristia Harrison endeavours to “simplify and reset” the business following the departure of predecessor Dido Harding in May.
She said she is aiming to focus the company’s priorities on growth, cash and EBITDA.
Headline EBITDA for the period was £95m, excluding losses fro... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
