Summary Bullets:
- BT is selling Irish wholesale and enterprise operations, including about 3,400 km of managed fiber, 400 customers, and revenues of EUR57.6 million to challenger Speed Fibre Group.
- BT’s move typifies many telcos as they scale back and restructure their global ambitions to refocus on fewer markets, presenting opportunities for challenger service providers.
BT has entered an agreement with Speed Fibre Group for the sale of its wholesale and enterprise business unit in Ireland. BT states it will “retain a strong presence to deliver connectivity, cloud, and security services to MNCs and large organizations.” The transaction is expected to be completed in 2025.
Continue reading “Sale of BT’s Irish Business Unit Underlines End of 20th Century Telco Global Domination Aspirations”
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