BT Agrees Rescue Deal to Buy TalkTalk
Listen to the story
BT is a big phone and internet company. It wants to buy TalkTalk. TalkTalk is also a broadband company. Many people use TalkTalk internet at home.
BT and TalkTalk agreed a deal. This is called a takeover. It means BT will buy and control TalkTalk.
People call this a rescue deal. This means the deal helps TalkTalk. TalkTalk may have had problems before.
The deal is not final yet. A regulator must say yes first. A regulator is a group that checks big business deals.
TalkTalk has millions of customers. These are people who pay for TalkTalk internet. The deal will give them more certainty about their service.
If the regulator agrees, BT will own TalkTalk. This could change how TalkTalk works in the future.
Vocabulary15 words
- broadband
- internet service for homes and offices
- takeover
- when one company buys another company
- rescue deal
- a deal that helps a company in trouble
- regulator
- a group that checks and approves big business deals
- customers
- people who buy or use a service
- deal
- an agreement between two companies
- company
- a business that sells things or services
- internet
- a system that connects computers around the world
- agreed
- said yes to something together
- approve
- to officially say yes
- control
- to have power over something
- certainty
- being sure about something
- final
- the last, complete step
- own
- to have something that belongs to you
- future
- time that has not happened yet
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Quiz
Answer key
1. Buy TalkTalk 2. A regulator 3. True
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Fill-in-the-blank listening
Play the audio again and fill in the missing words as you listen.
BT is a big phone and internet company. It wants to _____ TalkTalk. TalkTalk is also a _____ company. Many people use TalkTalk internet at home.
BT and TalkTalk agreed a deal. This is called a _____. It means BT will buy and control TalkTalk.
People call this a _____ deal. This means the deal helps TalkTalk. TalkTalk may have had problems before.
The deal is not final yet. A _____ must say yes first. A regulator is a group that checks big business deals.
TalkTalk has millions of _____. These are people who pay for TalkTalk internet. The deal will give them more _____ about their service.
If the regulator agrees, BT will _____ TalkTalk. This could change how TalkTalk works in the _____.
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