VMO2 reportedly eyeing £3 billion CityFibre swoop
Virgin Media O2 (VMO2) might be willing to splash the cash to boost its fibre footprint.
Virgin Media O2 (VMO2) might be willing to splash the cash to boost its fibre footprint.
Altnet CityFibre has successfully tried out fibre technology that paves the way for 10 Gbps broadband services.
Openreach was never going to please everyone in the UK telecoms industry with its new pricing scheme for wholesale access to its fibre network, which presents a challenge for regulator Ofcom.
CityFibre is once again on the warpath against Openreach, lodging a new complaint with UK authorities over the incumbent network operator’s wholesale pricing strategy.
CityFibre is seeing early success with a new process designed to make it easier to hook up customers with fibre, something that bodes well for the UK fibre market as a whole.
Fibreco CityFibre says its network now passes 2 million homes, which is 25% of its ultimate target of 8 million.
CityFibre has repainted its branding in a bid to bring some clarity to the UK fibre broadband market and ultimately to further its own full fibre agenda.
UK fibre infrastructure specialist CityFibre isn’t messing around and has decided nothing less than symmetrical speeds of 10 Gbps will do for its network.
We spoke with Strategy Director at CityFibre Clayton Nash about the firm’s progress against rival Openreach, the cost of living crisis’ impact on sales, market consolidation, and the ‘generational change’ that the fibre rollout represents.
UK fibre infrastructure player CityFibre has managed to borrow almost 5 billion quid, which means its full fibre rollout is now fully financed.
New developments in the UK fibre market indicate that the sector remains buoyant, not that there was really any doubt on the matter.
UK fibre builder CityFibre commissioned some research that ‘identified over £38b billion in potential economic benefits’ thanks to its full fibre rollout to 285 UK cities, towns and villages.
UK fibre infrastructure providers Openreach and Hyperoptic have announced an extension of their deployment plans to new locations.
CityFibre has raised £1.425 billion in capital in the past six months and that’s probably just as well, given how much the firm is spending on fibre rollout.
Fibre network provider CityFibre has launched a new product that it says will make things easier for wholesale partners to work with it.
Vodafone has brokered a deal that will see it become the anchor tenant across CityFibre’s nationwide full fibre network, extending the existing wholesale partnership between the pair.
BT has dropped plans to partner up on fibre, while data shared by rivals CityFibre and Virgin Media O2 shows that high-speed broadband is rolling out apace in the UK.
Disruptive UK fibre player CityFibre has managed to raise another massive chunk of change in its bid to take on the incumbents.
Altnet CityFibre is said to be on the verge of securing new debt and equity funding that would give it an extra £1 billion to spend on its fibre deployment.
Also in today’s EMEA regional round-up: Swisscom on a roll in H1; Brits watching even more telly in lockdown; UK operators get to grips with 5G.
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