Canadian bank RBC has downgraded TalkTalk from "outperform" to "sector perform", citing convergence plans from EE , which bought rival BT year 1 , and broadband undercutting by Vodafone . In a note to clients, RBC analysts estimated that an unlimited mobile data offering from BT could result in the telecom giant wresting three broadband customers from other operators. RBC also noted that Vodafone is undercutting EE in both slow and fast fibre broadband offerings.
Canadian bank RBC has downgraded TalkTalk from "outperform" to "sector perform", citing convergence plans from BT, which bought rival EE two years ago, and broadband undercutting by Vodafone. In a note to clients, RBC analysts estimated that an unlimited mobile data offering from BT could result in the telecom giant wresting 300,000 broadband customers from other operators. RBC also noted that Vodafone is undercutting TalkTalk in both slow and fast fibre broadband offerings.