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EN
Comment on BT, Sky, Grain and Hyperoptic Comment on Nexfibre’s £2bn Move to Buy Netomnia by simon
['Mark Jackson', 'August', 'Up', 'Gift', 'Reward Card', 'Bt Reward Card', 'Contract', 'Data', 'The Wee Bear', 'Gift Card']
Comments for ISPreview UK
NOTE: Substantial Group is backed by £1.6bn+ of equity and debt from investors Advencap, DigitalBridge, and Soho Square Capital etc.
Netomnia sells to homes via retail ISP brand YouFibre (they also sell business-only plans via some third-party ISPs like Aquiss , Giant etc.).
Netomnia’s full fibre broadband (FTTP) network currently covers around 3.2 million UK premises (inc. 500,000 customers).
“We broadly agree with the parties’ submission that the combination will enhance wholesale competition.
CityFibre also explained how they consider that the most likely conditions of competition absent the Transaction would involve “CityFibre acquiring Netomnia” or Netomnia continuing to operate in the market independently.