BT acquires TalkTalk for €470M; rivals criticize deal terms

BT has agreed to acquire fiber operator TalkTalk for €470 million, adding 1.5 million customers. Telefónica's VMO2 and other British partners criticize the deal as favorable to BT, contrasting it with regulatory obstacles they face in acquiring Netomnia. The acquisition consolidates the UK fiber market and may trigger further M&A or regulatory scrutiny.