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Speed Fibre Group, a telecommunications subsidiary of Cordiant Digital Infrastructure Ltd., has officially completed its €22 million ($23 million) acquisition of BT Communications Ireland Ltd. The deal, announced Monday, marks a significant expansion of Speed Fibre’s footprint in the Irish telecom market and underscores Cordiant’s ambition to strengthen its digital infrastructure portfolio.

The acquisition was greenlit in April after securing approval from Ireland’s Competition and Consumer Protection Commission, clearing the last regulatory hurdle before closing.

What the BT Unit Brings to the Table

BT Communications Ireland provides wholesale fiber services and B2B connectivity to nearly 400 customers across Ireland, positioning it as a valuable addition to Speed Fibre’s operations.

By merging resources, Speed Fibre aims to diversify its offerings and enhance connectivity solutions for enterprises. The company believes this consolidation will sharpen its competitive edge, broaden its product suite, and accelerate its role in Ireland’s fast-evolving digital economy.

Cordiant’s Long-Term Vision

Cordiant, listed on the London Stock Exchange’s main market, has steadily built its reputation as a digital infrastructure investor targeting telecom, data, and connectivity sectors. The acquisition of BT Communications Ireland signals not just a geographic expansion, but also a strategic alignment with the growing demand for robust and scalable connectivity solutions.

For Speed Fibre, this deal is more than a purchase—it’s a stepping stone toward becoming a more dominant player in Ireland’s telecom landscape, where digital infrastructure is increasingly seen as the backbone of economic growth.