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BRIEF-Telefonica Buys Netomnia In £2 Bln Deal With Liberty Global
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BRIEF-Telefonica Buys Netomnia In £2 Bln Deal With Liberty Global
Mar 11, 2026 4:36 AM

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%

Source ‌text

Further company coverage:

(Gdansk ​newsroom)

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