Eight Advisory supports Netomnia in Strategic Merger with Brsk  

Eight Advisory supports Netomnia in Strategic Merger with Brsk  

Eight Advisory is proud to announce its pivotal role in providing financial advisory services to Netomnia, a leading full-fibre network operator, during its recent merger with Brsk. This strategic union marks a significant milestone in the UK broadband sector, creating the second-largest alternative network (Altnet) and a new wholesale platform

Netomnia, founded in 2019, has rapidly established itself as a key player in the UK broadband market. Specialising in fibre-to-the-premises (FTTP) infrastructure, Netomnia has successfully extended its network to more than 1 million homes across UK.  

Brsk, launched in 2020, is an Altnet focused on delivering gigabit-capable FTTP broadband to underserved areas, primarily in northern England. Known for its commitment to exceptional customer experience, Brsk has addressed the limitations of traditional broadband services by ensuring high-quality, reliable connections.   

The Netomnia-Brsk merger is set to create a powerhouse in the UK broadband market, to date, the largest consolidation among Altnet, with a combined network footprint of 1. 6 million premises and a target of reaching 3 million premises by the end of next year.  This consolidation will: 

  

  •  The only scaled and capital-efficient retail, wholesale and consolidation platform in the market 
  • Leverage complementary geographic footprints and expertise 
  • Enhance competitiveness against incumbent providers 
  • Drive innovation in the alternative networks sector 
  • Potentially catalyse further industry consolidation 

  

“Eight Advisory’s deep expertise and exceptional track record in the fibre sector made them the natural partner for Netomnia during this pivotal merger,” said Wil Wadsworth, Group CFO of Netomnia and Brsk. “This merger is a transformative milestone not only for Netomnia and Brsk but also for the broader UK broadband landscape. By uniting our network expertise and resources, we are forging a formidable entity dedicated to delivering an unparalleled internet experience to our customers. Eight Advisory’s guidance was crucial in navigating the complexities of this transaction, ensuring a seamless process that positions us for continued success in the future.”  

Eight Advisory’s involvement in this merger underscores our significant investment in the fibre sector and our commitment to supporting innovative companies on their growth journeys. As demand for high-quality broadband infrastructure continues to surge, we remain dedicated to guiding our clients through the evolving challenges and opportunities in the telecoms industry. 

For further information about Eight Advisory’s expertise in the telecoms sector, please contact Telecoms Partners Adam Bradley, Nick Breadner, or Hanut Dey. 

 

Eight Advisory team members supporting this transaction 

  • Strategic Valuation & Modeling: Hanut Dey (Partner), Mackenzie Taylor (Manager) 

 

 

About Netomnia and Brsk 

Netomnia and Brsk is the UK’s fourth-largest full-fibre network. Born from a visionary merger, with an ambitious rollout plan to reach 3 million premises by 2025, fueled by over £1.3 billion in funding, it is delivering a robust and reliable network using its capital-efficient platform. The Netomnia and Brsk network is where the most powerful internet lives, ushering in a new era of internet connectivity for the UK.  

  

Visit: Netomnia

Visit: Brsk

Hanut

Dey

Partner

Strategic Valuation & Modeling

Eight Advisory London

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