TALK LN

TalkTalk Telecom Group PLC

TMT


Presented:11/20/2014
Price:£2.93
Cap:$4.11B
Current Price:£0.97
Cap:$1.71B

Presented

Date11/20/2014
Price£2.93
Market Cap$4.11B
Ent Value$4.97B
P/E Ratio5857.69x
Book Value£0.31
Div YieldN/A
Shares O/S921.00M
Ave Daily Vol1,570,000
Short IntN/A

Current

Price£0.97
Market Cap$1.71B
TalkTalk Telecom Group PLC provides fixed line broadband, voice telephony, mobile, and television services for residential and business customers in the United Kingdom. The company offers its services under the TalkTalk and TalkTalk Business brand names. TalkTalk Telecom Group PLC was founded in 2002 and is based in London, the United Kingdom.

Publicly traded companies mentioned herein: BT Group PLC (BT/A LN / BT), TalkTalk Telecom Group PLC (TALK LN)

Highlights

TalkTalk Telecom Group (TALK), the largest UK-based reseller of broadband and voice services was spun out of The Carphone Warehouse Group in 2010 and currently has ~4 million subscribers. The presenter is short the stock at current levels and believes the risk/ reward is favorable longer-term. The DSL reselling market “only exists because Ofcom (the British regulator) forced BT to unbundle and sell wholesale capacity to resellers at 40% below retail price,” said the presenter. UK regulators have historically been aggressive “pro-consumer” regulators, but in reality, resellers have little value. BT has been rolling out a better, unregulated product (fibre) at competitive pricing and this is slowly eroding the inferior DSL product.

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Idea Discussion

Commentor 1 - 2 weeks ago

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