{"id":43850,"date":"2025-11-13T00:02:31","date_gmt":"2025-11-13T00:02:31","guid":{"rendered":"https:\/\/www.ispreview.co.uk\/?p=43850"},"modified":"2025-11-13T06:51:44","modified_gmt":"2025-11-13T06:51:44","slug":"netomnia-rapidly-expands-uk-fttp-broadband-as-take-up-and-revenues-rise","status":"publish","type":"post","link":"https:\/\/www.ispreview.co.uk\/index.php\/2025\/11\/netomnia-rapidly-expands-uk-fttp-broadband-as-take-up-and-revenues-rise.html","title":{"rendered":"Netomnia Rapidly Expands UK FTTP Broadband as Take-up and Revenues Rise"},"content":{"rendered":"

One of the country’s largest alternative broadband networks, Netomnia<\/a> (Substantial Group), will today publish their Q3 2025 results. The figures reveal that revenues on their multi-gigabit speed full fibre (FTTP<\/a>) network increased to \u00a327.7m (up from \u00a323.6m in Q2 and 125% YoY) and take-up reached 14% (up from 13.4%). Some 2.8 million premises are now covered (up 241k in Q3 vs 243k in Q2).<\/p>\n

The results confirm that Netomnia<\/a> is continuing to build at a rapid pace and thus remains on-track for their current coverage goals – expanding their network coverage by almost 1 million premises per year. The provider also ended the quarter with a total of 396,000 customers (up by 54k in Q3 – the same growth as they had in Q2).<\/p>\n

NOTE:<\/strong> The Substantial Group is backed by over \u00a31.6bn<\/strong> of equity and debt from investors Advencap, DigitalBridge, and Soho Square Capital etc. The group, via Netomnia<\/a>, aims to cover 3 million UK premises by the end of 2025 and then 5m by the end of 2027 (inc. 1m customers by 2028). The service is currently available across parts of over 90 cities and towns.<\/div>\n

The brief results also reveal that the operator delivered their first positive adjusted EBITDA (earnings before interest, tax, depreciation and amortisation) of \u00a30.3m – excluding exceptional items, which is an impressive result given how Q2 delivered a loss of -\u00a34.9m.<\/p>\n

However, the ongoing network builds inevitably mean that the company’s Net Debt<\/strong> has also grown by 13% in the quarter to total \u00a3801m (debt drawn to date including accrued interest less cash), which is up from \u00a3709m in Q2.<\/p>\n

Jeremy Chelot, Group CEO of Netomnia<\/a> (YouFibre<\/a>, brsk), said:<\/strong><\/p>\n

“For the second consecutive quarter, we’ve maintained the fastest network build and customer acquisition rate among Alt-Nets. With our continued momentum and by combining scale, speed, and capital efficiency, we remain confident in our plan to reach 5 million premises by 2027. Our focus continues to be on building a fibre network ready for whatever comes next, well-positioned and leading the industry’s consolidation.”<\/p><\/blockquote>\n

The operator has of course also recently been the subject of intense speculation over a possible grand \u00a32bn consolidation deal with either CityFibre<\/a> or Virgin Media<\/a> (O2<\/a> \/ Nexfibre<\/a>) – here<\/a>, which could see Netomnia being one of the market’s kingmakers. Meanwhile, we’re now expecting YouFibre<\/a> to launch their new VodafoneThree powered mobile service (YouMobile) in Q1 2026; it was previously expected to launch by the end of 2025 (here<\/a>).<\/p>\n","protected":false},"excerpt":{"rendered":"

One of the country’s largest alternative broadband networks, Netomnia (Substantial Group), will today publish their Q3 2025 results. The figures reveal that revenues on their multi-gigabit speed full fibre (FTTP) network increased to \u00a327.7m (up from \u00a323.6m in Q2 and 125% YoY) and take-up reached 14% (up from 13.4%). Some 2.8 million premises are now […]<\/p>\n","protected":false},"author":1,"featured_media":43209,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[1],"tags":[2660,472,56,2353,34],"class_list":["post-43850","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uk_isp_news","tag-brsk","tag-business","tag-fttp","tag-netomnia","tag-statistics"],"share_on_mastodon":{"url":"https:\/\/mastodon.social\/@ispreview\/115539460664372971","error":""},"yoast_head":"\nNetomnia Rapidly Expands UK FTTP Broadband as Take-up and Revenues Rise - ISPreview UK<\/title>\n<meta name=\"description\" content=\"One of the country's largest alternative broadband networks, Netomnia (Substantial Group), will today publish their Q3 2025 results. 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