Infrawatch

Chelot: wholesale scale is ‘mission impossible’ without nexfibre-Netomnia deal

2026-04-24T10:01:00

infra-jeremy chelot at ftthc

Source: FTTH Conference

Interview: “I have a wholesale platform, but I have no wholesale customers”. Jeremy Chelot’s Netomnia hit a structural ceiling, with bowing out the only way to progress the Openreach challenge. Firing back at nexfibre deal critics, he asks for alternatives to his Plan B, deeming consolidation the best route and reflecting on the challenge of leading a business through a sale.

This article includes:

  • Themes: Altnet consolidation; Anchor tenant; B2B fibre wholesale; Convergence; Cost of capital; Doom and gloom; Duopoly risk; Fibre overbuild; Fibre wholesale; Fibre-to-the-Premises (FTTP); Fundraising; Gigabit-capable broadband; Hybrid fibre coaxial (HFC); Mass consolidation; Merger and acquisition (M&A); Network overlap; Open access; Plan B; Ready for service (RFS); Retail Internet Service Provider (ISP); Substantial lessening of competition (SLC); Vertical integration; Wholesale aggregation; Wholesale-only model.
  • Events: Competition and Markets Authority inquiry; FTTH Conference Europe; INCA Summit 2024.
  • People: Jeremy Chelot; Philipp Niederbichler; Rajiv Datta; Simon Holden.
  • Geographic: France; Germany; London; United Kingdom (UK).
  • Organisations: AllPoints Fibre Networks (APFN); aquila; BT Group; CityFibre; Competition and Markets Authority (CMA); Gigaclear; Hyperoptic; InfraVia Capital Partners; Liberty Global; Macquarie; Netomnia; nexfibre; Ofcom; Openreach; Sky; Substantial Group; TalkTalk; Telefónica; The Fibre Hub; Virgin Media O2 (VM O2); Vodafone; YouFibre; Zen Internet.

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