TalkTalk secures £100m in funding
July 28, 2025 12.12 Europe/London By Julian Clover


TalkTalk Group has announced it has received a commitment for £100 million of new funding facilities from an existing shareholder.

The telco has not named the shareholder, but Sky News is reporting the new funding is from Ares Management.

The new facilities have been arranged in conjunction with a number of other actions, including approximately £50 million of non-core asset sales recently announced and amendments to existing debt facilities allowing interest to be capitalised, that will together enhance the group’s funding capacity by over £200 million.

In recent months, TalkTalk has faced payment disputes with suppliers, and has been the subject of takeover speculation.

James Smith, TalkTalk Group CEO, commented: “This new investment will significantly strengthen the group’s funding position and demonstrates strong conviction in our business model and value proposition.”

The TalkTalk consumer business is preparing to return to more proactive new customer acquisition with a new and differentiated product offering focussed on in home Wi-Fi coverage, delivered over a new and enhanced customer service platform.