Cordiant's Speed Fibre completes BT Ireland Communications acquisition; CEO explains the benefits

Proactive - Interviews for investors

Speed Fibre Group CEO Peter McCarthy talked with Proactive's Stephen Gunnion about the company’s acquisition of BT Communications Ireland and what it means for its position in the market. McCarthy explained that BT Ireland had been split into three parts, with Speed Fibre acquiring BT Communications Ireland Limited. This included national ducts, fibre assets, wholesale customers, and staff. He highlighted that “we have acquired the original company, BT Communications Ireland Limited, which has all of their wholesale assets,” noting that this added around 350 to 400 enterprise customers and 270 employees to the group. The deal establishes Speed Fibre as the number two wholesale operator in Ireland outside of last-mile access connections. The group now serves about 105 to 110 wholesale customers, including major international telecoms such as Vodafone, Verizon, and AT&T. Its infrastructure footprint totals 10,000km of fiber and duct, with 6,000 connected premises and more than 100 co-location facilities. McCarthy said the acquisition aligns with Cordiant Digital Infrastructure Ltd (LSE:CORD)'s “buy, build, and grow” strategy, providing opportunities for network expansion and synergies across the combined businesses. He also emphasised continuity of service, saying that Speed Fibre is “absolutely focused on customer service and being out there with the customer and partnering with them.” For more interviews like this, visit Proactive’s YouTube channel. Don’t forget to give the video a like, subscribe, and turn on notifications for future updates. #SpeedFibre #Telecoms #Infrastructure #BTIreland #DigitalConnectivity #FibreNetwork #PeterMcCarthy #CordiantDigital #TelecomInfrastructure #IrelandBusiness