Nexfibre’s £2bn Deal for Rival Netomnia Could Lessen Competition, CMA Says

CMA Says Nexfibre’s Alt-Net Deal Could Hurt Competition

Nexfibre Networks Ltd.’s £2 billion ($2.7 billion) deal for rival Netomnia Ltd. could reduce competition in the UK’s wholesale broadband networks, the country’s competition watchdog said on Friday, potentially threatening the first major consolidation in the crowded fiber market.

UK regulator says Nexfibre-Netomnia deal could hurt competition

Nexfibre’s £2bn deal for rival Netomnia could lessen competition, CMA says

The Competition and Markets Authority has provisionally found the tie-up could ‘substantially’ impact competition in the wholesale broadband market.

UK watchdog approves CityFibre acquisition of Netomnia

Britain’s Competition and Markets Authority said on Friday that Nexfibre’s ‌proposed acquisition of Netomnia could substantially reduce competition, adding that it would have preferred that CityFibre was buying the fibre broadband operator instead. Nexfibre, a joint venture backed by Liberty Global, Telefonica and InfraVia, agreed to buy the owner of Netomnia, the ​country’s second-largest “altnet” […]

CMA flags substantial competition concerns as nexfibre/Netomnia ...

In-depth: The UK’s Competition & Markets Authority has delivered a significant setback to nexfibre’s proposed acquisition of Netomnia owner Substantial Group, arguing the deal would materially weaken competition in wholesale broadband markets.