CityFibre
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As the UK fibre market becomes more crowded, CityFibre’s plan to bring full fibre connectivity within reach of eight million homes by 2025 remains on track. The group’s chief operating officer, Simon Holden, discusses the continued pace of the rollout, foreign investment and why closing the digital divide has always been a priority.
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CityFibre shareholder Mubadala Investment Company has committed a further £300m in equity to support its participation in Building Digital UK’s (BDUK) ‘Project Gigabit’ rural programme.
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TalkTalk has promoted Ruth Kennedy to be head of sales at its wholesale division. At the same time Richard Thompson, former managing director of wholesale, has left the company.
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Capacity shares five key stories from around the world making headlines today!
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Colt Technology Services has expanded the reach of its UK metro network in eight cities across the country – Leeds, Bristol, Slough, Bracknell, Reading, Milton Keynes, Edinburgh and Glasgow.
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CityFibre has teamed with Ciena to successfully deploy its first 800GBpbs backbone wavelength that will reach up to eight million homes in the UK.
Forthcoming events
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Global Carrier Awards 2022
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Capacity Europe 2022
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Vodafone is claiming that a new deal with CityFibre will make it the biggest full fibre provider in the UK.
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Across the UK, local ventures – some funded by private equity, others by the community – are in a race with BT’s Openreach unit to connect rural homes to full fibre broadband. by Alan Burkitt-Gray
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UK-based full fibre operator CityFibre has hired someone from the government as its chief marketing officer.
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UK-based infrastructure company CityFibre has exceeded its plans, leaked in May, to raise £1 billion.
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Neos Networks and CityFibre are ramping up their Ethernet network expansion programme, adding nine urban areas.
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CityFibre is reportedly closing in on sale a £1 billion stake in its business, to help fund an expansion of its fibre rollout plans.
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The number of UK households without an internet connection has almost halved in the year since the pandemic began.
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Fibre operators in the UK have welcomed today’s statement by the telecoms regulator, Ofcom, on its plans for the fixed wholesale market.
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CityFibre and Virtual1 have announced a collaborative partnership to serve the UK connectivity community with full fibre business services.
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UK telecoms group Daisy has demerged its cloud business into a separate company, with investment from private equity fund Inflexion.
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European telco euNetworks has bought a Manchester fibre network from its UK rival Gamma Telecom.
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UK independent telco TalkTalk is set to be taken over by a hedge fund and a private equity firm for £1.1 billion.