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Evening Standard
Evening Standard
Technology
Holly Williams

MYSTERIOUS: Nexfibres ps2bn deal for rival netomnia could lessen competition cma says - You Need To See This

CMA Netomnia the Competition and Markets Authority CityFibre Openreach
Nexfibre announced a deal in February to buy the owner of Netomnia (Alamy/PA) -

Nexfibre must put forward plans to appease the competition watchdog after it raised concerns over the firm’s £2 billion deal to buy rival fibre broadband firm Netomnia.

The Competition and Markets Authority (CMA) said it had provisionally found the tie-up could “substantially” impact competition in the wholesale supply of fixed broadband services in the UK.

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