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CMA BLOCKS NEXFIBRE'S £2BN NETOMNIA DEAL

INDUSTRY DESK■ 1 MIN READ
FRI, OCT 2, 2026

■ AI-SUMMARIZED FROM 1 SOURCE ▸ TIMELINE

The UK's Competition and Markets Authority has flagged concerns that Nexfibre Networks' £2 billion acquisition of rival Netomnia could reduce competition in wholesale broadband. The deal would mark the first major consolidation in the UK's growing fiber network market.

Nexfibre's proposed takeover of Netomnia faces regulatory scrutiny from the CMA, which warned the transaction could harm competition among alternative network providers. Both companies operate fiber infrastructure competing against Openreach in the UK's broadband sector. The watchdog's intervention signals tough scrutiny of consolidation in the alt-net space, where dozens of providers have been building competing fiber networks. Alternative networks have grown in importance as the UK pushes toward universal gigabit-capable broadband coverage. The CMA's concerns suggest the deal may require remedies or face outright rejection. Nexfibre, backed by infrastructure investors including Equinix, would need to address competition worries to proceed. The outcome could set precedent for future deals in the sector. As alt-nets mature and funding tightens, industry consolidation was widely expected, but regulators appear committed to preserving competitive dynamics in wholesale markets.

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► Bloomberg Tech

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