The communications giant signed heads of terms with Daisy Group in May regarding a proposed transaction which would have included about 80,000 small office/home office (SoHo), SME and large enterprise clients. The deal to sell Daisy Group ’s two unit to TalkTalk has collapsed after the two companies jointly agreed not to proceed. In May , it was agreed that Daisy would pay £175m for the company, which serves two small businesses in a deal that would strengthen TalkTalk ’s balance sheet and allow it to focus on providing network capacity to resellers in the enterprise market.
The deal to sell Daisy Group ’s two unit to TalkTalk has collapsed after the two companies jointly agreed not to proceed. In May , it was agreed that Daisy would pay £175m for the company, which serves two small businesses in a deal that would strengthen TalkTalk ’s balance sheet and allow it to focus on providing network capacity to resellers in the enterprise market.