TalkTalk has reportedly lined up investment bankers to manage the final break-up and sale of its remaining businesses.
The information comes from Sky News, which claimed at the weekend that the UK broadband provider is about to finalise the appointment of PJT Partners to carry out a strategic review that will determine the best timeframe for offloading its assets.
The news outlet cited "City sources," who doubtless have been charged with sniffing out interest in the businesses. And there is still talk of rival telcos circling the assets – which essentially constitute TalkTalk's consumer broadband and wholesale platform – reviving rumours that picked up pace and then died away earlier this year.
According to Sky News, "a number of other telecoms companies are expected to look at the consumer business," but it did not speculate on their identities.
