Key facts
- TalkTalk founder Charles Dunstone and Ares Management are reportedly interested in acquiring TalkTalk's consumer division.
- A previous deal with Opus, a joint venture between Sky and Vodafone, for the consumer arm is reportedly stalling.
- TalkTalk is a UK-based broadband provider.
TalkTalk's consumer division is reportedly attracting interest from its founder, Charles Dunstone, and private equity firm Ares Management. This comes as a proposed deal with Opus, a joint venture between Sky and Vodafone, appears to be faltering.
Sky News reported that Dunstone, who previously backed the mobile operator Lebara, is among those considering a bid for the broadband provider's consumer arm. The potential interest from Ares Management was also reported.
TalkTalk has been seeking to sell its consumer business as part of a broader strategy to focus on its wholesale and business operations.