BT Group Eyes Sale of Radianz to Streamline Operations
BT Group is reportedly working with Citigroup on a potential sale of its financial services unit, Radianz. This move aligns with CEO Allison Kirkby’s plan to streamline BT’s operations and reduce costs. Acquired from Reuters in 2005, Radianz generates annual earnings of £60-70 million and could be sold for a few hundred million pounds. Alongside this, BT is also considering sales of operations in Ireland and Italy as part of Kirkby’s restructuring strategy.








