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nexfibre says UK fibre market at pivotal moment

June 25, 2024 14.06 Europe/London By Julian Clover

nexfibre has urged Ofcom to use the upcoming Telecoms Access Review to take decisive action to “prevent mistakes of the past being repeated”.

The Liberty Global-Telefónica JV, backed by InfraVia Capital Partners, has published a report on how it sees the current market. 

It says there has been a “historic underinvestment” in the sector and what the market needs is “sustainable competition rather than fragmented sub-scale operators”.

Rajiv Datta, Chief Executive Officer of nexfibre, said: “I am delighted to publish nexfibre’s ‘Platform for Progress’ report, reflecting on our first year operating in the market and taking a critical look at what is needed to further unlock the sector’s potential. 

“As we have set out today, the market faces a series of challenges. Some of these have been driven by a historic lack of investment and others have been the result of external factors.  All of them can be overcome if we create a dynamic market environment conducive to competition and progress.”

Nexfibre wants a regulatory framework which ensures “a consistent and equitable playing field for all operators”. With an eye on BT Openreach, Nexfibre says Ofcon must “restrain anti-competitive behaviour from the incumbent”. 

Ofcom’s upcoming Telecoms Access Review (TAR) will assess the market and set-out regulatory frameworks for 2026-31.

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Filed Under: Newsline Tagged With: nexfibre, Ofcom Edited: 26 June 2024 14:15

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About Julian Clover

Julian Clover is a Media and Technology journalist based in Cambridge, UK. He works in online and printed media. Julian is also a voice on local radio. You can talk to Julian on X @julianclover, or by email at jclover@broadbandtvnews.com.

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