TalkTalk finalises SSE Phone & Broadband acquisition
TalkTalk has today completed its acquisition of SSE Phone & Broadband from OVO Energy.
The Salford-headquartered company will now bring across around 135,000 SSE Phone & Broadband customers and supporting team from OVO Energy to the TalkTalk Group.
In 2020, SSE Phone & Broadband, was acquired by OVO Energy as part of its purchase of SSE Energy Services from SSE plc and it has continued to trade under the SSE brand ever since.
SSE has given permission for its brand to be used under licence until April 2023 to support a smooth transition to TalkTalk Group.
For OVO, the sale will allow it to focus on its core utilities business, while for TalkTalk it will allow it to grow its customer base in the home energy broadband market.
TalkTalk CEO Tristia Harrison said: “We are delighted that we can finally welcome SSE Phone & Broadband customers and team to the TalkTalk Group.
“We are the country’s only scale affordable provider and are experts at providing connectivity to home energy customers, so we are confident our new customers and colleagues will find themselves at home with us.”
TalkTalk said further acquisitions will follow if the opportunity arises.