Speed Fibre Group has acquired BT Communications Ireland for €22 million, expanding its network to nearly 10,000 kilometers of fiber. Operations will merge into Enet and Magnet+, strengthening services for wholesale and enterprise customers.
BT’s sale of its wholesale and enterprise unit in Ireland to Speed Fibre Group for €22 million marks a significant shift in the Irish telecom market. Transferring BT Communications Ireland Ltd, this acquisition includes domestic network infrastructure and over 400 business clients, excluding multinational services.