Enet owner cleared to buy BT Ireland’s wholesale fibre business for €22m

Enet owner cleared to buy BT Ireland’s wholesale fibre business for €22m

Cordiant Digital Infrastructure cleared by competition authority to buy BT unit

BT Ireland unit sale given green light

Cordiant Digital Infrastructure moved a step closer to completing its takeover of BT Group’s Irish wholesale and enterprise business after securing approval from the country’s competition authority. The €22 million deal was announced in February and is being made through its Speed Fibre Group subsidiary. While approval from The Republic of Ireland’s Competition and Consumer Protection Commission has been secured, Cordiant noted in an investor st…

Cordiant edges closer to completing of BT Ireland’s wholesale unit purchase

News Cordiant Digital Infrastructure has cleared a hurdle in its €22 million acquisition of BT Communications Ireland Ltd (BTCIL), after Ireland’s competition watchdog approved the deal this week  The transaction, led by Cordiant’s Irish fibre platform Speed Fibre Group, was first announced back in February and includes BT Ireland’s domestic network infrastructure, a portfolio of more than 400 customers, and its local operational teams.   While …