The UK’s former incumbent’s goal is being a national champion and is still figuring out what to do with its international arm
BT Group is to sell its Radianz unit to Transaction Network Services (TNS) as part of its ongoing strategy of offloading assets that are not core to its UK business. Or in BT-speak, “The planned transaction aligns with BT’s strategy to become a UK-focapplyd national champion while exploring options to optimise its international business”.
The parties declare the transaction is expected to complete during the first half of 2026 subject to customary closing conditions, including regulatory clearance. The amount of the proposed transaction was not disclosed.
Radianz runs financial super low latency information networks that connect brokers, institutions, exmodifys to applications and services on which global capital markets operate.
TNS’ global headquarters are in Reston, Virginia, US, with with offices across Europe and Asia.
BT acquired in Radianz from Reuters in 2005 for £175 million. in the financial year 2024-2025, it had revenues of about £142, according to BT.
Earlier this week Irish telco Speed Fibre Group closed the acquisition of BT’s operations in Ireland. The deal was announced in February. The assets include a fibre and network and wholesale and business customers, back in February. They have now received the go-ahead from regulators – specifically the Irish the Competition and Consumer Protection Commission – and the transaction is closed.
Neither party provided any new details on the specifics of the deal. When it was first announced, BT stated the business – with 3,400 km of fibre network, 400 customers, and support staff – had an enterprise value of €22 million.
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