Business
Soho Square Capital’s First Unicorn – Netomnia – to Be Acquired by InfraVia, Liberty Global and Telefónica Through Their Existing Joint Venture nexfibre
LONDON, February 18, 2026--Soho Square Capital confirms its portfolio company Netomnia has announced an agreement to be acquired by InfraVia, Liberty Global & Telefónica.
About this update from Telefonica Sa
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":471,"height":480,"url":"https://media.zenfs.com/en/business-wire.com/d0a599e3c3e9b4c2720e758295538845"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/QIEifv6EVb7ondHkUap69Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTcxODtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/d0a599e3c3e9b4c2720e758295538845","width":471,"height":480}},"lazy":false},{"type":"text","content":"LONDON, February 18, 2026--(BUSINESS WIRE)--Soho Square Capital LLP ("Soho Square"), an investment firm focused on financing established and growing UK and European SMEs, is pleased to confirm its portfolio company Netomnia, the UK’s second largest alternative fibre provider, has announced an agreement to be acquired by InfraVia, Liberty Global and Telefónica. The acquisition, which is subject to customary clearances, will be made by the parties’ joint venture company, nexfibre, and will unlock £3.5 billion of investment in the UK market.","length":554,"tagName":"p"},{"type":"text","content":"In 2020, Soho Square was the first institutional investor in Netomnia and subsequently committed additional capital as the business scaled. The company has also attracted backing from fellow shareholders Advencap and DigitalBridge, and now has more than 3 million fibre premises and 460,000 customers.","length":301,"tagName":"p"},{"type":"text","content":"The combination of nexfibre, Netomnia and more than 2 million Virgin Media O2 premises, which will be upgraded by nexfibre, will create a scaled, financially secure challenger to BT Openreach, with a full fibre footprint of around 8 million premises by the end of 2027. When combined with the growing fibre footprint of Virgin Media O2, co-owned by Liberty Global and Telefónica, the two networks will collectively reach 20 million premises and give internet service providers a highly attractive wholesale alternative to the incumbent.","length":536,"tagName":"p"},{"type":"text","content":"Jeremy Chelot, Group CEO, Netomnia and YouFibre, said:","length":54,"tagName":"p"},{"type":"text","content":""This landmark transaction with nexfibre represents the natural evolution of the UK's fibre market. Consolidation has been inevitable, and this deal creates the scaled, sustainable platfo...