Netomnia, the UK’s second-largest alternative network provider (Alt-Net), has completed its £300 million (€345.1m) junior debt raise. This includes £160 million from existing investors I Squared Capital and Palistar Capital, originally part of the May 2025 funding, and an additional £140 million subscribed through increased commitments from I Squared Capital and Palistar Capital alongside new […]
Technology advances and growing demand for high-speed internet access are leading independent broadband firms to feel overwhelmingly positive about the future, according to a survey measuring confidence in the sector. Despite reports of their imminent demise, UK ‘altnet’ companies are expecting a boom in business over the next 12 months with 83 per cent of […]
LTN and Lumen Technologies have announcd a partnership delivering a combination of live event production and transmission services for world-leading media companies. With over 50 years of shared experience, Lumen Vyvx Broadcast Solutions’ extensive reach and low-latency connectivity combined with LTN’s advanced content enrichment and master control services offers an end to end, fully managed […]
An estimated 40,000 kilometres of abandoned utility infrastructure – including gas and water pipes – could be used to drastically reduce disruption to streets, railway lines and public spaces when new high speed fibre optic cables need to be laid. Openreach Physical Infrastructure Access (PIA) already provides network builders with a cost-saving alternative to digging. […]
Netomnia and Brsk, two fast-growing alternative networks (altnets) in the UK telecommunications industry, have announced a merger which they say will establish “the only scaled and capital-efficient retail, wholesale and consolidation platform in the market”. The new group will have a combined network footprint of 1.5 million premises immediately post-merger, with a target of reaching 3 million […]
UK fibre builder, nexfibre, in partnership with Virgin Media O2, has reached an agreement with fibre operator, Upp, to acquire the provider. The acquisition will boost the fibre footprint of nexfibre by 175,000 premises in the East of England and ensure investment and network build in the region continues. The all-cash deal sees Virgin Media […]
UK multiplay operator Virgin Media O2 (VMO2) is reported to be considering a £3 billion (€3.4bn) takeover bid for full fibre altnet CityFibre. Mike Fries, chief executive of VMO2 parent company Liberty Global, is said to have held initial talks with Greg Mesch, Chief Executive Officer at CityFibre. By 2025 CityFibre’s rollout is set to […]