M/25/018 – Speed Fibre Group/BT Communications Ireland
Transaction details
The proposed acquisition by Speed Fibre Group Limited of BT Communications Ireland Limited has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Monday March 3, 2025 | Friday, April 11, 2025 |
| Parties Involved | Business activities |
|---|---|
| Speed Fibre Group Limited | Speed Fibre Group Limited is an Irish registered company under the control of Cordiant Digital Infrastructure Limited ("CDIL"), a UK-listed investment company managed by Cordiant Capital Inc., a private company domiciled in Canada. CDIL invests in operating digital infrastructure assets, focusing predominantly on data centres, mobile telecommunications/broadcast towers, distributed sensor networks and fibre-optic network assets. Speed Fibre Group Limited operates two businesses in the State: enet, a wholesale telecoms business; and Magnet +, a retail telecoms business. |
| BT Communications Ireland Limited | BT Communications Ireland Limited is an indirect, wholly owned subsidiary of BT Group plc. BT Communications Ireland Limited is primarily a wholesale telecommunications business, which operates a fibre network. BT Communications Ireland Limited also provides retail telecommunications services to a number of business customers. |
| Economic sector | Media merger |
|---|---|
| Information and Communications | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Friday, March 14, 2025 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| David Sheahan | davidsheahan@ccpc.ie |
| Sean Heeran | seanheeran@ccpc.ie |
Media enquiries: communications@ccpc.ie
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PO Box 12585, Dublin 1, D01 C576
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