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Broadband Altnet Netomnia Prepares Around 50 UK Redundancies

Wednesday, Feb 11th, 2026 (9:25 am) - Score 1,600
Netomnia 2025 engineer up pole in Cheltenham

Alternative broadband operator Netomnia (Substantial Group), which has already expanded their full fibre (FTTP) network to cover 3 million UK premises (here) and is close to signing a major consolidation agreement with either Virgin Media’s (nexfibre) parents or CityFibre (here), is understood to have held talks over redundancies with around 50 employees.

According to ISPreview’s sources, staff were first notified about the latest development with jobs on Friday 6th February 2026, although the move was not unexpected. Netomnia spent a big chunk of last year completing their network merger with Brsk (here) and they recently announced that their associated retail ISP brands would also both be merged into YouFibre (here).

NOTE: The Substantial Group – including retail ISPs YouFibre and Brsk – is backed by over £1.6bn of equity and debt from investors Advencap, DigitalBridge, and Soho Square Capital etc. The group now aims to cover 5 million UK premises by the end of 2027 (inc. 1 million customers by 2028 – currently 445,000). The service is available across parts of 98 cities and towns.

Suffice to say that such mergers often result in significant issues like role duplication. The unfortunate, albeit often necessary, outcome of this can be the loss of some jobs – helping to drive efficiency and keeping costs under control. But naturally, for employees, the outcome is often frustrating.

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Jeremy Chelot, Group CEO, told ISPreview:

“As we bring our businesses together into two stronger, more focused organisations — Netomnia and YouFibre — we are making a small number of targeted redundancies as part of the integration process. These decisions are never easy, and we are incredibly grateful for the contributions of our colleagues.

Netomnia is known and respected for being capital-efficient and responsible in how we scale, and these changes ensure we remain well-positioned for long-term, sustainable growth.”

The reality is that this may not be the last set of redundancies Netomnia have to make, which is likely to be particularly true if they end up reaching a major network merger agreement in the near future. Suffice to say that employees may be facing a nervous period of waiting to see what happens and how it will impact them. The same nerves may also be true for YouFibre’s customers.

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Mark-Jackson
By Mark Jackson
Mark is a professional technology writer, IT consultant and computer engineer from Dorset (England), he also founded ISPreview in 1999 and enjoys analysing the latest telecoms and broadband developments. Find me on X (Twitter), Mastodon, Facebook, BlueSky, Threads.net and .
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Comments
8 Responses

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  1. Avatar photo Oli says:

    In other words, reduce liabilities for a better offer / sale

  2. Avatar photo Simon says:

    No reason a customer of Brsk or YF should be nervous – unless it sells to VM and then it’s all gone to pot anyway and they will lose many customers – mainly those who came from VM!

  3. Avatar photo KMT says:

    This is how you know Jeremy talks rubbish. During the entire merger process he said there will be no redundancies.

    1. Avatar photo Anonymous says:

      A reference/link to these comments would be interesting.

  4. Avatar photo Fibre Scriber says:

    There will be more of this coming, especially if Virgin Media/Nexfibre get their grubby hands on Netomnia!

  5. Avatar photo Martin “lighty” Blore says:

    Probably see more of this across the industry. Hyperoptic let go a bunch of business development staff in December with engineers going through the process now. GNetwork ran out of money let go a whole workforce, so not surprised to see Netomnia follow.

  6. Avatar photo Notomnia says:

    Interesting to see how the Jeremy and Netomnia defenders spin this and the eventual sale. I was often ridiculed for suggesting this was Netomnia’s trajectory. I was proven right as usual.

    1. Avatar photo Anonymous says:

      The value to NO was the BRSK network and customer base, not so much the staff.

      Sad for the employees affected, but not exactly surprising.

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