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.
Case details
- Notification date:3 March 2025
- Publication date:3 March 2025
- Economic sector:Telecom & IT service activities - K
- Economic sub-sector:Telecommunication - K.61
- Outcome:Cleared
Documents
M.25.018 Merger AnnouncementPDF | 154 KBM.25.018 Merger Announcement PDF | 154 KB - Opens in new window
M.25.018 DeterminationPDF | 478 KBM.25.018 Determination PDF | 478 KB - Opens in new window
Timetable
Parties Involved
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.
Contacts
