Feb 18 (Reuters) - Telefonica SA:
* ACQUISITION OF NETOMNIA
* DEAL VALUED AT £2 BILLION (€2.294 BILLION)
* TELEFONICA AND LIBERTY GLOBAL TO JOINTLY CONTRIBUTE GBP
150
MILLION TO FUND TRANSACTION AND INFRAVIA WITH GBP 850MLN
* DEAL THROUGH ITS SUBSIDIARY TELEFONICA INFRA WITH LIBERTY
GLOBAL
AND INFRAVIA
* AS PART OF TRANSACTION, VIRGIN MEDIA O2 TO BUY NETOMNIA'S
RETAIL
CUSTOMERS AND BRANDS
* VIRGIN MEDIA TO OBTAIN 30% EQUITY STAKE IN HOLDING COMPANY
THROUGH WHICH TELEFONICA INFRA AND LIBERTY GLOBAL CURRENTLY
INVEST IN NEXFIBRE
* AT COMPLETION, TELEFONICA INFRA, LIBERTY GLOBAL AND VMO2
WILL,
IN AGGREGATE, HOLD 50% OF NEXFIBRE, AND INFRAVIA WILL HOLD
REMAINING 50%
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(Gdansk newsroom)