Telecom Joint Venture To Pay $2.7B For UK Fiber Company

By Isaac Monterose ( February 18, 2026, 7:04 PM EST) -- Private equity firm InfraVia Capital Partners and European telecommunications companies Telefónica and Liberty Global will use their Nexfibre joint venture to pay $2.7 billion for Substantial Group, which is the "second-largest alternative fiber provider" in the United Kingdom, the acquiring companies announced Wednesday....

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