Saturday November 23, 2019

TalkTalk estimates costs from cyberattack at £30 to £35 million

The internet-service provider is on target to meet estimates for this year but it’s too early to say if it’ll reach longer-term targets

11th November, 2015

Four people, three of them teenagers, have been arrested in connection with the hack

TalkTalk chief executive said that while the internet-service provider is on target to meet analysts’ estimates for this year, it’s too early to say if it’ll reach longer-term targets as it grapples with the fallout from hackers’ attack on its network.

CEO Dido Harding said the company expects to meet the pre-hack market estimates for the fiscal year ending in March. Analysts currently predict adjusted revenue for the year...

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