BME:TEFTelecom
Telefónica’s Nexfibre Netomnia Deal Expands UK Fibre Reach And Investor Focus
Telefónica, through its Nexfibre joint venture with Liberty Global, is leading the acquisition of UK broadband network Netomnia.
The deal is set to expand Virgin Media O2’s broadband footprint across the UK, increasing access to millions of additional premises.
The move highlights further consolidation in UK broadband infrastructure and could influence how providers compete for customers.
For Telefónica (BME:TEF), this UK broadband push comes with the shares trading around €3.628. The stock...