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

Dow Jones
Feb 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)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10