Netomnia Expand FTTP Broadband to 3 Million UK Premises as Take-up Rises
One of the UK’s largest alternative broadband networks, Netomnia (Substantial Group), has today reported their latest Q4 2025 results. The figures reveal that revenues on their full fibre (FTTP) network increased to £104m (up 168% year-on-year) and take-up reached 15% (up 28% YoY). Some 3 million premises are now covered (up by 245k in Q4 vs 241k in Q3).
The provider also ended the quarter with a total of 445,000 customers (up by 49k in Q4 and 207k YoY). The results confirm that Netomnia are continuing to build out their network after hitting their 3 million premises target for 2025 and appear to retain their existing coverage goals (see below), although they have recently been linked to talk of a possible c.£2bn merger with bigger rivals CityFibre or Virgin Media (here).
The brief results also reveal that the operator delivered positive adjusted EBITDA (earnings before interest, tax, depreciation and amortisation) of £5m (up from £0.3m in Q3) – excluding exceptional items. This marks positive progress, particularly given how only a couple of quarters back (Q2) they delivered a loss of -£4.9m (the company previously saw a total EBITDA loss of £29m during 2024).
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However, the company’s ongoing network builds inevitably mean that their Net Debt has also grown by 69% in the year to total £905m (debt drawn to date including accrued interest less cash), which is up from £801m in Q3.
Jeremy Chelot, Group CEO of Netomnia (YouFibre, brsk), said:
“FY25 marked a breakout year for the Group. We delivered the fastest network build among Alt-Nets, alongside a strong and accelerating customer acquisition rate, while surpassing three million premises serviceable, a milestone that underscores the scale, momentum and resilience of our platform.
This progress firmly positions us as the UK’s second-largest Alt-Net provider and validates our strategy of building a uniquely scaled, capital-efficient retail and wholesale model. With strong operational delivery and a clear line of sight on growth, we are now focused on extending our footprint.”
On the retail service front, we should point out that last quarter was quite chaotic for group ISP brand Brsk, which suffered a data breach (here) and is now in the process of being merged into the YouFibre brand (here).
Otherwise, the next big focus for the group during early 2026, aside from ongoing network build and all that media talk of consolidation, will be on YouFibre’s plan to launch a new VodafoneThree powered mobile service (YouMobile). But we understand this has now been put back from Q1 to Q2 due to the brand merger between YouFibre and Brsk taking precedence.
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 Linkedin.
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I’ve said it before, but…
If the number of premisis passed is fudged, which seems likely, then these figures are meaningless. There are large chunks of areas where Netomnia have built all the way to the CBT that are not ready for service two years after the build. The planning is shoddy to say the least.
Independent checking suggests their premises figures are reasonable, unlike some other altnets that are way off the mark for RFS.
https://www.ispreview.co.uk/index.php/2025/09/top-17-largest-full-fibre-broadband-networks-by-uk-coverage-h2-2025.html
This is a staple in this site
“My home is not connected so surely no one else can get service!!! How dare they build elsewhere!!”
Oh there will be no fudging the numbers at Netomnia. They’ll be pretty/very accurate.
As Mark said, other lots of other altnets have been massaging the numbers for years. Not Netomnia though.
I can point at 50 CBTs that have been installed by them almost two years ago that are not RFS. The response when questioned is that those are still in planning (despite the fact that they have been installed)
Debt of £302 per premise passed seems quite favourable compared to many altnets.
Yes it’s seemingly quite amazing how they deliver fibre so cheap. Clearly doing something right. Community Fibre by the same metric is £820 despite claiming higher take up. Striking.
Netomnia continually taunting me by posting these press releases about network expansion, yet not continuing their build out in my area of West Lothian despite being RFS just a couple streets over!
This will be typical across most of atlnet network. They rely on use of PIA and if Openreach hasn’t built the network in the area or if there is an issue with the network which is expensive to fix, those area won’t be built and unfortunately left out.
It’s the same for me in West Lothian too, they connected the UG streets (there’s like four of them), and the rest of the area that’s overhead is stuck in ‘planning’, despite being passed by the fibre.
Any plans to wholesale Jeremy? I’m sure Zen would be interested & there’s probably the scale to interest Sky & Vodafone.
They already do some wholesale, albeit currently for business services. A number of ISPs (e.g. Aquiss) already sell such packages.
As a customer, this is quiet favourable news!
For the Neigh Sayers have you email “build at Netomnia dot co dot uk” to enquire about the status of your missing build. It might be more productive.
An expensive game sticking fibre in the ground, and to pay for it, they need customers, sadly a lot of people seem to go for a network that is inferior and no doubt will cost them more, because they trust them.
Being able to get the ISp you want helps, which is a problem with a lot of Altnets, certainly the one I am on. I have a choice of the company who supply the fibre, not that it bothers me, it works and works well and is a good price.
I have said many times, all I want is broadband supplied, not extras. Maybe one day, we will have a choice of ISPs since they have merged with Full fibre.
Glad to hear some alt nets are doing okay and keeping going.
I would say that at least 95% of the people in this country couldn’t tell you the difference between GPON & XGS-PON never mind the relative merits of the two, there’s still plenty of people out there who still think VDSL is fibre. Right now Openreach is my only choice of network since the s***show that is ALL Points Fibre is not actually stopped taking orders on its network & has been that way for nearly a year now. Personally it would have been better if they hadn’t come at all because if they hadn’t someone else like CityFibre, Netomnia or maybe even Zzoomm would have. So no Openreach isn’t the latest or greatest or cheapest (although £32.33 a month averaged over 2 years for Plusnet 500 isn’t exactly exorbitant) It has delivered a working dependable network which in my case the altnets have failed to do.
Any more information on Netomnia/YouFibre being made available in certain areas on the Openreach Network, as was mentioned on this site in late 2025?