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Cordiant Digital Infrastructure Completes Acquisition of BT Communications Ireland

Story Highlights
  • Cordiant Digital Infrastructure focuses on digital economy infrastructure in Europe and North America.
  • Cordiant’s acquisition of BTCIL enhances Speed Fibre’s connectivity solutions in Ireland.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Cordiant Digital Infrastructure Completes Acquisition of BT Communications Ireland

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The latest announcement is out from Cordiant Digital Infrastructure Limited ( (GB:CORD) ).

Cordiant Digital Infrastructure Limited has completed the acquisition of BT Communications Ireland Ltd through its Irish fibre platform, Speed Fibre Group Limited. This acquisition enhances Speed Fibre’s capabilities in providing advanced connectivity solutions, supporting the growing needs of data centres and businesses in Ireland. The integration is expected to improve operational efficiencies and expand the range of services offered, aligning with Cordiant’s strategic growth model in key digital markets.

The most recent analyst rating on (GB:CORD) stock is a Buy with a £106.00 price target. To see the full list of analyst forecasts on Cordiant Digital Infrastructure Limited stock, see the GB:CORD Stock Forecast page.

Spark’s Take on GB:CORD Stock

According to Spark, TipRanks’ AI Analyst, GB:CORD is a Outperform.

Cordiant Digital Infrastructure Limited shows strong financial performance and technical indicators, suggesting robust growth potential. The valuation is particularly attractive due to a low P/E ratio and high dividend yield. While liquidity concerns and rising debt need attention, the positive market sentiment and strategic expansions enhance the stock’s investment appeal.

To see Spark’s full report on GB:CORD stock, click here.

More about Cordiant Digital Infrastructure Limited

Cordiant Digital Infrastructure Limited is a specialist owner and operator of digital infrastructure, focusing on core components of the digital economy such as data centres, fibre-optic networks, and telecommunications towers in Europe and North America. The company is listed on the London Stock Exchange and has raised substantial equity and debt to fund acquisitions, following its Buy, Build & Grow model.

Average Trading Volume: 1,275,822

Technical Sentiment Signal: Buy

For an in-depth examination of CORD stock, go to TipRanks’ Overview page.

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