UK telecommunications company TalkTalk has been dealt a blow by credit Suisse , having its stock downgraded to the " underperform " index . The financial institution blamed increasing " structural weaknesses " , including the near - saturation of the UK broadband market and small margins in the fibre - to - the - home sector . The collapse came in spite of Credit Suisse praising changes in management and strategy which led to a 25 - year - to - date decline in TalkTalk 's shares .
UK telecommunications company TalkTalk has been dealt a blow by Credit Suisse, having its stock downgraded to the "underperform" rating. The financial institution blamed increasing "structural headwinds", including the near-saturation of the UK broadband market and small margins in the fibre-to-the-home sector. The move came in spite of Credit Suisse praising changes in management and strategy which led to a 25% year-to-date increase in TalkTalk's shares.