Telefonica, Liberty Global Mull $2.73 Billion Acquisition of Netomnia, FT Says, Citing Sources

Dow Jones
02/03
 

--Spain's telecom giant Telefonica and Liberty Global are looking to buy British broadband network Netomnia for around 2 billion pounds ($2.73 billion), the FT reports, citing unnamed sources.

-- The joint owners of Virgin Media O2 are partnering with private equity firm InfraVia Capital to buy Netomnia through their fibre joint venture Nexfibre, the FT reports.

--The deal is expected to narrow the gap with BT's Openreach, the market leader, the FT says.

--Virgin Media O2, Liberty Global, Telefonica, InfraVia, Netomnia and Nexfibre declined to comment to FT.

 

Full story: https://shorturl.at/NsTa1

 

Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com

 

(END) Dow Jones Newswires

February 03, 2026 02:58 ET (07:58 GMT)

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