Virgin Media O2 has explored making a multibillion-pound offer for broadband and the telecoms company TalkTalk in its latest move to build scale to create a new “national champion” to challenge BT and Sky.
The pay-TV, broadband and mobile company, which is jointly owned by Spain’s Telefonica and John Malone’s Liberty Global, is understood to have held exploratory talks with the Salford-based TalkTalk.