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-focused national champion while exploring options to optimise its international business”.
The parties say 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, exchanges 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.
Another deal reaches closure
Earlier this week Irish telco Speed Fibre Group closed the acquisition of BT Communications Ireland Ltd (BTCIL), which provides wholesale and enterprise services. Speed Fibre Group has gained a 3,400 kilometre fibre network, more than 400 customers after the parties received the necessary regulatory approval from the Irish Competition and Consumer Protection Commission.
Neither party disclosed further details but when the deal was announced in February, BT said its business had an enterprise value of €22 million.
