What did Marc Murtra say about acquisitions in the United Kingdom?

In March 2026, Marc Murtra confirmed that Telefónica favors targeted acquisitions of fiber players in the United Kingdom to accelerate Virgin Media O2’s coverage. He sees this strategy as the most effective way to face BT Openreach’s dominance.

Which operation illustrates Telefónica’s acquisition strategy?

The acquisition of Netomnia/Substantial through the Nexfibre consortium, valued at £2 billion, illustrates this strategy. This partnership between Liberty Global, Telefónica, and InfraVia aims to create a credible alternative to traditional British infrastructures.

How does Telefónica finance its acquisitions in the United Kingdom?

Telefónica uses a collaborative model with consortiums and dedicated vehicles, sharing financial risks and combining expertise. This setup allows raising significant capital while optimizing operational flexibility.

What impact do these acquisitions have on British competition?

They challenge BT Openreach’s dominance by creating an alternative network. This reduces dependency, improves service quality, offers more pricing flexibility, and stimulates technological innovation.

What are the potential targets for Telefónica’s future acquisitions?

Identified targets include CityFibre, Hyperoptic, Community Fibre, Gigaclear, and Zzoomm. These players cover complementary geographic areas and bring technologies suited to the expansion strategy.

Telefónica CEO on new UK acquisitions in 2026

In brief : what you will discover in this article: the latest statements from Telefónica CEO Marc Murtra in March 2026 regarding his targeted acquisition strategy in the United Kingdom, the analysis of the Netomnia/Substantial operation via Nexfibre (£2 billion), and the strategic implications for Virgin Media O2 in the face of BT Openreach’s dominance in the UK fixed infrastructure market.

Etienne

Passionate about travel and tech, I have combined these two worlds to help travelers understand the numerous options to get Internet access abroad and identify the best option for them. As a software development engineer, I put my skills at the service of simple, practical and transparent content. My goal is to give you all the keys to stay connected easily and at the best price during your trips. 🌍📲