BT may offload Irish residential fixed line business, paper says

2 Feb 2009

UK-based telco BT Group is looking to sell off its residential fixed line user base in the Republic having failed to make a significant impact on the market, The Sunday Times reports. BT has approximately 80,000 residential customers in Ireland – largely unchanged on the total it had when it bought Esat in 2000, and with it, its fixed line user base. Two companies – Vodafone Ireland and Or Ireland – are thought to be leading the race to acquire the asset, which is believed to be worth around EUR40 million (USD51.2 million). Vodafone is seen as the most likely buyer following its takeover of fixed and broadband provider Perlico in 2007.

Ireland, BT Ireland