CityFibre raises a further £4.9 billion to fully finance its full fibre ambitions
UK fibre infrastructure player CityFibre has managed to borrow almost 5 billion quid, which means its full fibre rollout is now fully financed.
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CityFibre
More cash and customers as UK fibre boom continues
New developments in the UK fibre market indicate that the sector remains buoyant, not that there was really any doubt on the matter.
CityFibre claims £38 billion of UK economic growth from fibre rollout
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’s full fibre rollout ramps up
UK fibre infrastructure providers Openreach and Hyperoptic have announced an extension of their deployment plans to new locations.
CityFibre has raised nearly £1.5 billion in six months
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.
CityFibre moves to make things easier for ISPs
Fibre network provider CityFibre has launched a new product that it says will make things easier for wholesale partners to work with it.
Vodafone expands fibre push with CityFibre deal
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.
It’s fibre all the way for the UK in Q3 21
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.
CityFibre gets £825 million more investment
Disruptive UK fibre player CityFibre has managed to raise another massive chunk of change in its bid to take on the incumbents.
CityFibre set to raise £1bn as UK fibre competition heats up
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.
Eurobites: BT boosts security offering for homeworker army
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.
UK fibre builders get a break from Ofcom
Ofcom will not cap the wholesale prices fibre network operators can charge customer for access to the fastest available services on their networks.
CityFibre adds new towns and new ISPs in the new year
2021 is off to a solid start for UK altnet CityFibre, which has broken ground on its full fibre network project in Reading and signed up another retail ISP customer.
CityFibre customers keep coming
CityFibre has signed up another four retail ISPs to its fibre network, more than doubling its wholesale customer base.
CityFibre chucks another £1.5 billion at UK fibre rollout
UK fibre network specialist CityFibre has awarded the contracts for building out fibre across 27 towns and cities.
Telco bosses tell UK government to ‘get on with it’ on fibre
Big names in the UK telecoms industry urged the government to push on with plans to allocate funding for rural high-speed broadband rollout, despite questionable demand.
Virgin Media hopes to lead Gig economy with ‘hyperfast’ speeds
Ultrafast suddenly sounds a little bit pedestrian, after Virgin Media used the term ‘hyperfast’ to big up its new broadband breakthrough.
Three UK expands backhaul partnership with CityFibre
UK MNO Three has signed up fibre infrastructure specialist CityFibre to connect 1,300 of its mobile masts with fibre backhaul.
CityFibre takes a £64m jaunt down the M4 corridor
CityFibre has revealed that Swindon and Slough will be the next stops on its full-fibre rollout.
CityFibre announces major UK recruitment drive
Fibre network provider CityFibre couldn’t have picked a better time to announce it wants to fill 10,000 network construction positions.
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