A recent study by Neos Networks indicates that 96% of alternative broadband providers in the UK are exploring mergers and acquisitions to thrive amidst tough competition and economic challenges. Conducted by Censuswide, the survey of 100 senior decision-makers revealed significant funding difficulties due to high interest rates and regulatory constraints. Many altnets are competing for customers locked into contracts with legacy providers. The transition to full fibre by BT brings additional costs and demands, and altnets are investing in technologies like software-defined networking to stand out in the market.
Neos Networks' study highlights that 96% of UK alternative broadband providers are considering mergers and acquisitions to navigate tough market conditions.
Economic pressures have made it difficult for 48% of altnets to find funding, with high interest rates adding to their challenges.
The majority of altnets are focusing on innovative technologies like software-defined networking to differentiate themselves in a competitive landscape.
With BT transitioning to full fibre, altnets face regulatory challenges, costing them an average of £1.4m to remove equipment from BT's exchanges.
#broadband #mergers-and-acquisitions #alternative-providers #regulatory-challenges #uk-telecommunications
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