BT completes sale of Irish wholesale and enterprise business to Speed Fibre Group while reinforcing local presence

BT completes sale of Irish wholesale and enterprise business to Speed Fibre Group while reinforcing local presence

(IN BRIEF) BT has finalized the sale of its Irish wholesale and enterprise business to Speed Fibre Group after receiving approval from the Competition and Consumer Protection Commission of Ireland. While divesting this unit, BT will retain a significant footprint in the Irish market, employing over 300 staff to serve multinational companies and large organisations, along with more than 100 procurement experts in its BT Sourced unit in Dublin. The company will also continue to deliver the Emergency Call Answering Service. A long-term agreement between BT and Speed Fibre Group will allow both to source connectivity for their customers, ensuring continuity and collaboration. CEO Bas Burger highlighted the deal as part of BT’s strategy to become more agile while continuing to invest in Ireland’s market for cloud, connectivity, and security services.

(PRESS RELEASE) LONDON, 2-Sep-2025 — /EuropaWire/ — BT has announced the completion of the sale of its Irish wholesale and enterprise business to Speed Fibre Group, following clearance by the Competition and Consumer Protection Commission of Ireland. The transaction, originally revealed on 5 February 2025, marks a key step in BT’s strategy to streamline its operations while reinforcing its focus on global services.

Despite the divestment, BT will continue to maintain a significant presence in Ireland, with more than 300 employees supporting multinational corporations and major organisations. The company will keep its offices in Dublin and across regional locations, and it will remain responsible for delivering the Emergency Call Answering Service. Additionally, BT’s global procurement division, BT Sourced, based in Dublin, employs over 100 specialists who will continue to play a central role in the company’s operations.

As part of the deal, BT and Speed Fibre Group have signed a long-term agreement enabling both parties to source connectivity for their respective customers. This partnership ensures that both companies’ client bases will benefit from continued collaboration and enhanced connectivity options.

Commenting on the announcement, Bas Burger, CEO of BT International, stated: “We are delighted to conclude this successful transaction which represents the next step in our strategy to become a more agile and focused business. We will continue to invest in this important market for our multinational customers to provide them with secure multi-cloud connectivity and deliver on our purpose to connect for good.”

The transaction was supported by leading advisors: Citi, PwC, and Simmons & Simmons advised BT, while Cordiant and Speed Fibre Group were advised by McCann FitzGerald, PwC, and Matheson.

BT Group remains the UK’s foremost provider of fixed and mobile telecommunications services, with three major business units: Consumer, which serves individuals and families; Business, supporting companies and public sector organisations; and Openreach, a wholly owned subsidiary that provides wholesale fixed-access infrastructure services to more than 700 communications providers nationwide. BT Group plc is listed on the London Stock Exchange.

Further details can be found at www.bt.com/about.

About BT

BT Group is the UK’s leading provider of fixed and mobile telecommunications and related secure digital products, solutions and services.

BT Group consists of three customer-facing units: Consumer serves individuals and families in the UK; Business covers companies and public services; Openreach is an independently governed, wholly owned subsidiary wholesaling fixed access infrastructure services to its customers – over 700 communications providers across the UK.

British Telecommunications plc is a wholly owned subsidiary of BT Group plc and encompasses virtually all businesses and assets of the BT Group. BT Group plc is listed on the London Stock Exchange.

For more information, visit www.bt.com/about

Media Contact:

Tеl: 0800 800 150
https://www.bt.com/media-enquiries

SOURCE: British Telecommunications