The Competition and Markets Authority’s (CMA) in-depth investigation into the proposed £2 billion merger of Netomnia and nexfibre has become one of the most significant competition cases in the UK’s telecoms sector in recent years.
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According to a report from the Financial Times, Virgin Media O2 (VMO2) has entered into negotiations to acquire fibre altnet rival Netomnia for £2 billion.
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Sporting a brand new Netomnia hoodie and matching trainers, Chelot said he wanted Netomnia to become the largest altnet in the UK
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Netomnia has unveiled a new rebrand to better reflect the scale and longevity of its full fibre ambitions
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The facility strengthens Netomnia’s position as the UK’s fastest-growing Alt-Net, supporting its path to profitability in 2025 and rollout target of five million premises by 2027.
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The new investment brings Netomnia’s total investment from the National Wealth Fund (NWF) to £100 million
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This week, a new report says that two the UK’s major altnets could be set to merge, in a move that would create a combined company covering over 1 million premises with fibre-to-the-premise (FTTP).
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The UK broadband operator has announced that they have raised £147.5m to fund their fibre rollout, alongside sister company YouFibre. In the process of the fundraising, Netomnia welcomed three new lenders—Barclays, Alpha Bank, and Nord/LB—in addition to their existing lenders.
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News The UK altnet says its full fibre rollout is accelerating at an “exponential” pace, aiming to...
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Press Release Netomnia, one of the fastest growing altnets in the UK, along with ISP sister...
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