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  • Ireland long-term sale of fiber optic cable factory

    Ireland long-term sale of fiber optic cable factory

    Dublin, 5 February 2025: BT today announced that it has reached an agreement for the sale of its Irish wholesale and enterprise business unit to Speed Fibre Group. The transaction is subject to customary conditions including competition approval and is expected to complete in 2025. Reports of a potential sale first surfaced earlier this week. The sale of BT Communications Ireland (BTCIL) will include BT's domestic network infrastructure, more than 400 customers, and. Also in today's EMEA regional roundup: Nokia extends RAN contract with Orange France, tests 50Gbit/s broadband with Openreach; BlueMed cable lands in Cyprus; Spotify goes into full-year profit for first time. It does not include. UK-based EXA Infrastructure has completed its long-running acquisition of Ireland-based subsea provider Aqua Comms for a knockdown price.

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