Netomnia, one of the UK's alternative broadband network providers, has placed around 100 staff on redundancy notice.
100
UK staff placed on redundancy notice
The altnet sector has expanded fast on heavy infrastructure investment, and is now under pressure as competition tightens and the cost of building fibre networks bites.
Netomnia is not the only operator making cuts. CityFibre and Freedom Truespeed have both announced redundancies in recent months, which points to a broader contraction across the independent fibre market rather than a problem at a single company.
