CityFibre completes £200mn FibreNation acquisition
With TalkTalk shareholders approving the sale of FibreNation to CityFibre for £200 million, the wholesale infrastructure challenger has increased its rollout target to 8 million premises.
With TalkTalk shareholders approving the sale of FibreNation to CityFibre for £200 million, the wholesale infrastructure challenger has increased its rollout target to 8 million premises.
While the investment climate for connectivity infrastructure has certainly been improving in recent years, a proactive and prioritised government is critical to ensure rapid evolution to the digital economy.
CityFibre has entered into the next phase of its challenge to the connectivity status quo with an additional 14 towns and cities to experience the full-fibre euphoria.
Being ambitious is all well and good, but most would hope the ambitious are living in the world of reality. Unfortunately, with Boris Johnson’s Fibre-to-the-Home objectives, he’s operating in dreamland.
Former-Foreign Secretary and the favourite to be the UK’s next Prime Minister Boris Johnson has undercut DCMS and Ofcom commitment for full-fibre by eight-years.
A sparkling new training centre in Peterborough and 3,000 fresh-faced trainee engineers, 1,600 of which are newly created roles, gives weight to the long-overdue fibre rollout ambitions of Openreach.
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