Report: SSE Approaches Telecom, Cable Giant About Sale Of £1bn European Retail Supplier
April 29,2019
Sky News reported that SSE approached TalkTalk, a provider of cable, broadband internet, landline, and mobile phone service in the U.K., about a sale of SSE's retail energy business serving 6 million homes in the U.K.
Sky reports SSE is internally valuing the retail supplier at £1bn
Sky reported that TalkTalk's acquisition of the SSE retail supply arm is "highly unlikely," and that SSE is now courting traditional utility providers
