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.

What’s up with… UK M&A, Telefónica, The FCC

Nexfibre’s £2bn Netomnia takeover deal on the brink Telefónica closes in on Mexico divestmentFCC releases more satellite spectrum

Nexfibre’s £2bn Netomnia deal could ‘substantially’ impact competition, warns CMA

The Competition and Markets Authority (CMA) has provisionally found that Nexfibre’s £2 billion deal to acquire rival Netomnia could “substantially” impact competition in the UK’s wholesale broadband market. As a result, the competition watchdog asked Nexfibre to come up with proposals to address its concerns over the takeover. The CMA launched a full investigation into […]