BT Completes Irish Deal with Speed Fibre Group
The €22 million acquisition expands Speed Fibre Group's fibre network to nearly 10,000 kilometres, increasing coverage to 94 towns and over 6,000 buildings, enhancing digital infrastructure.
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9 Articles
Speed Fibre Group completes acquisition of BT's Irish wholesale and enterprise business - Business Plus
Speed Fibre Group, the parent company of Enet and Magnet+, has completed the acquisition of BT's Irish wholesale and enterprise business. The telecoms infrastructure firm will begin integrating BT Communications Ireland Ltd into its business from Monday (September 1). The €22m acquisition was agreed in February and followed BT's disposal of its data centre business for €59m. The deal includes BTCIL's domestic network infrastructure, co-location …
Speed Fibre Group completes €22m acquisition of BT Communications Ireland
News Telecoms infrastructure provider Speed Fibre Group has officially completed its acquisition of BT Communications Ireland Limited (BTCIL), marking a significant consolidation in the Irish telecommunications market. The deal, valued at €22 million, sees Speed Fibre take ownership of BTCIL’s domestic network infrastructure, co-location facilities, and wholesale and enterprise customer bases. Speed Fibre Group, which owns the Irish fibre operat…
BT wraps up Ireland unit sale
BT Group completed the €22 million sale of its wholesale and enterprise business unit in the Republic of Ireland to Speed Fibre Group, closing a deal announced in February. The transaction, which received approval from Ireland’s competition authority in April, transfers BT Communications Ireland Limited (BTCIL) to Speed Fibre Group, an Ireland-based fibre infrastructure provider. Assets acquired comprise BTCIL’s domestic fibre infrastructure, co…
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