
Nexfibre to acquire Netomnia in £2 billion UK fiber deal
Deal headline. Nexfibre is moving to take control of the business that runs the Netomnia brand in a transaction priced at £2 billion. Investors in Nexfibre — including Telefonica, Liberty Global and private equity partner InfraVia — will provide a fresh capital injection of £1 billion to finance the purchase. The structure pushes ownership and funding onto Nexfibre’s joint-venture platform rather than relying on external debt alone.
Strategic intent and market effects. The move compresses the number of independent alternative network providers in Britain and gives Nexfibre a much larger footprint to leverage for roll-out and procurement. Scale benefits could lower unit costs when ordering fiber and equipment and strengthen negotiating position with suppliers and landlords. That changes competitive dynamics: city-by-city bidding for build rights may now involve a larger, better-funded challenger.
Operational and regulatory outlook. Management will likely prioritize integrating network assets, harmonizing customer offerings and reallocating capital toward faster deployment. Regulators and incumbents will watch closely for any anticompetitive effects, and some local planning or access approvals may follow. Execution risk remains: combining systems and crews while expanding build volumes is operationally taxing, and success will hinge on delivering customer additions at an efficient cost per pass.
Read Our Expert Analysis
Create an account or login for free to unlock our expert analysis and key takeaways for this development.
By continuing, you agree to receive marketing communications and our weekly newsletter. You can opt-out at any time.
Recommended for you

Engie to Acquire UK Power Networks in £10.5bn Transaction
Engie will buy UK Power Networks for £10.5 billion ($14.2 billion) , shifting capital toward regulated distribution assets and away from merchant gas exposure. The deal is part of a broader European tilt toward network ownership — contemporaneous moves by peers (notably E.ON’s new €40bn grid plan) underscore accelerating capital flows into grids and the supply-chain and regulatory pressures that will follow.

Equinix Nears Purchase of atNorth in ~$4 Billion Deal
Equinix and the Canada Pension Plan Investment Board are finalizing terms to acquire Nordic data-center operator atNorth for roughly $4B . The transaction accelerates global colocation consolidation and shifts edge capacity control toward hyperscale-capable platform owners.

Astound Broadband and GFiber to form independent national broadband operator
Stonepeak will take majority control as Astound Broadband combines with GFiber , while Alphabet retains a material minority stake. The move creates a scaled, private-equity-backed broadband challenger positioned to accelerate fiber deployment and press incumbents on pricing and network reach.

MTN Group to acquire remaining IHS stake in $6.2bn deal
MTN Group will buy the remainder of IHS Holding for a transaction valuing the tower operator at about $6.2 billion including debt, offering IHS shareholders $8.50 per share. The cash proposal represents roughly a 3% uplift to the share price before February trade, signalling accelerated consolidation of Africa’s tower infrastructure under operator ownership.

Nuveen to acquire Schroders for £9.9bn, forming near‑£2.5tn global asset platform
U.S. asset manager Nuveen has agreed to buy British firm Schroders for £9.9 billion in cash, valuing the stock at 612 pence per share inclusive of permitted dividends. The transaction, backed by major long-term investors, will combine capabilities across the Americas, Europe and Asia-Pacific and produce a group managing almost £2.5 trillion.
BCE lifts margins to multi-decade highs, pivots to U.S. fibre and AI as 2026 execution year
BCE closed 2025 with its strongest adjusted EBITDA margins in decades and delivered all of its guidance targets, driven by cost discipline, Ziply Fiber contributions and growth in AI services and streaming. Management set 2026 guidance that targets modest revenue and EBITDA expansion while prioritizing fibre rollout in the U.S., AI-driven enterprise sales and free cash flow conversion despite expected downward pressure on adjusted EPS.

AT&T completes $5.75B purchase of Lumen’s mass‑markets fiber, expanding U.S. footprint
AT&T closed a $5.75 billion all-cash acquisition of Lumen’s mass‑market fiber assets, adding roughly one million subscribers and over four million fiber‑enabled locations to its network. The deal broadens AT&T’s service footprint across dozens of states and supplies additional construction capacity intended to accelerate its fiber rollout toward long‑term scale targets.
Darwin CX Acquires Poool to Assemble End-to-End Subscription Stack
Darwin CX has acquired Poool to merge subscription operations with on-site engagement, creating a single platform aimed at publishers. The deal accelerates vendor consolidation in publishing tech and tightens the link between reader journeys and recurring revenue.