Netomnia, a leading UK altnet provider, secured an additional £25 million from the National Wealth Fund to boost VoIP and broadband accessibility. This funding accelerates their fibre network expansion, targeting underserved communities. As Netomnia merges with Brsk, their VoIP services aim to reach 3 million premises by 2025.
Netomnia has merged with Brsk, forming the UK’s second-largest alternative network provider after CityFibre. This merger creates a network footprint of 1.5 million premises ready for service (RFS), aiming to reach 3 million by next year. Supported by £1.2 billion in debt funding, the merger combines complementary networks to enhance market position and service delivery, emphasizing expansion and innovation.
Dive into the world of high-speed internet connectivity with over 500,000 premises now experiencing 10Gbps speeds using XGS PON fibre infrastructure and welcome news of future expansion plans. A remarkable achievement for Netomnia, this latest success marks just the beginning of their journey towards connecting one million homes by 2024. Central to these ambitions is the goal to cater to underserved rural and less-resourced sectors, revolutionising connection experiences across the UK.
Rumors of a impending merger swirl around two of UK’s pivotal alternative network providers. Such union could massively boost FTTP coverage across the UK. Amid speculations of rapid network consolidation and shared investment, this collaboration signifies a vital shift in UK’s fibre market. However, the union also begets challenges in terms of subscriber transition and meeting regulatory deadlines.
The South African telecom giant, Telkom, recently rejected an acquisition bid from a consortium led by its former Chief, Sipho Maseko. The bid, whose details remain undisclosed, sparked extensive board deliberations and was followed by a 7% fall in Telkom’s share price. CEO Serame Taukobong maintains, however, that offers for a takeover will remain on hold until viable proof of deliverability is presented.
