PolicyLight Reading3 days ago
UK Regulator Blocks Netomnia-Nexfibre Deal
3 min read
The UK Competition and Markets Authority has indicated it will likely block the proposed acquisition of Substantial Group by nexfibre. The regulator argues the deal would substantially lessen competition in the wholesale fiber market. The consultation period concludes on October 23, with competitors CityFibre and Nexfibre shareholders voicing strong opposition to the ruling.
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