Nexfibre Seals £2 Billion Netomnia Deal, Creating Britain’s Largest Independent Fibre Challenger to BT Openreach
Telefónica and Liberty Global, the joint owners of Virgin Media O2 (VMO2), have formally agreed to acquire Netomnia — the UK’s second-largest alternative fibre network operator — in a deal valuing Netomnia’s parent company, Substantial Group, at approximately £2 billion (€2.3 billion). The transaction is being executed through Nexfibre, the joint venture co-owned by Telefónica, […]



