BT completes divestment of Radianz to TNS as part of strategy to focus on secure multi-cloud connectivity

BT completes divestment of Radianz to TNS as part of strategy to focus on secure multi-cloud connectivity

(IN BRIEF) BT has completed the sale of its Radianz business to Transaction Network Services after receiving all necessary regulatory approvals, a move that supports BT International’s strategy to focus more sharply on secure multi-cloud connectivity for global enterprise customers. Radianz, which has operated for over 20 years, connects financial institutions, exchanges, and clearing houses to critical market applications, while TNS specialises in ultra-low latency trading infrastructure and connectivity. BT’s CEO of International welcomed the transaction as a key milestone, expressing confidence that Radianz will continue to thrive under TNS ownership, with major financial and legal advisers supporting both sides of the deal.

(PRESS RELEASE) LONDON, 3-Feb-2026 — /EuropaWire/ — BT has confirmed that it has finalised the divestment of its Radianz business to Transaction Network Services (TNS), bringing the previously announced transaction to a close. The deal, which was first disclosed on 2 September 2025 and subsequently approved by all relevant regulatory authorities, forms part of BT International’s broader strategy to concentrate on its core strengths in secure multi-cloud connectivity for enterprise customers worldwide.

Radianz, which BT launched more than two decades ago, operates specialised financial information exchange networks that link a wide range of market participants, including brokers, asset managers, exchanges, clearing houses, and settlement institutions. Through its platform, Radianz enables these organisations to access the critical applications and services that underpin the daily functioning of global capital markets.

TNS, the acquiring company, is an established provider of high-performance trading infrastructure, ultra-low latency connectivity, and market data solutions, serving financial institutions and trading venues across multiple jurisdictions. The acquisition of Radianz is expected to complement and strengthen TNS’s existing portfolio in the financial markets infrastructure space.

Bas Burger, Chief Executive Officer of BT International, described the completion of the sale as an important step in refining BT’s international operations. He emphasised that the company is prioritising secure, reliable, and scalable multi-cloud connectivity solutions for large organisations around the world. Burger also expressed confidence that Radianz would benefit from becoming part of TNS and that customers would continue to receive high-quality service under its new ownership.

As part of the transaction process, Evercore acted as financial adviser to TNS, while Jones Day provided legal counsel to TNS. On the seller side, Citi advised BT financially, and Bryan Cave Leighton Paisner served as BT’s legal advisers.

About BT Group

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 four customer-facing units: Consumer serves individuals and families in the UK; Business covers companies and public services in the UK; International serves multinational organisations headquartered outside the UK and overseas public sector customers; 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

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SOURCE: British Telecommunications