UK CMA flags competition concerns in nexfibre-Netomnia deal, seeks remedies

The UK's Competition and Markets Authority has provisionally found that nexfibre's acquisition of Netomnia (Substantial) would substantially lessen competition in the wholesale broadband market, affecting consumers and businesses. The regulator is asking Telefónica and partners to propose remedies, casting doubt on the merger's benefits. This is a regulatory hurdle that could alter the deal's terms or block it, with implications for UK telecom market structure.