PolicyLight Readingabout 1 hour ago
UK Regulators Block Nexfibre Netomnia Deal
9 min read
UK competition watchdogs express hostility toward the Nexfibre takeover of Netomnia, causing Virgin Media O2 to halt fiber rollout. While CityFibre claims it could fund a rival bid, its network covers only 4.27 million homes versus Netomnia's 3.35 million. The move risks a fiber monopoly under BT's Openreach, which reached 24 million premises by September.
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