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CityFibre on verge of £1bn stake sales to new investors

2021-08-24 02:00:00| Total Telecom industry news

UK alternative fibre company CityFibre could be on the brink of securing a major investment that could have a significant impact in their growing rivalry with BT and Virgin Media.   According to sources speaking to the Financial Times, Abu Dhabi sovereign wealth fund Mubadala Investment Company and Interogo Holding, best known for owning Ikea…read more on TotalTele.com »

Tags: to sales investors stake

 

Vodafone and CityFibre expand partnership to include Ethernet

2021-06-01 02:00:00| Total Telecom industry news

Vodafone and CityFibre have expanded their partnership to include Vodafone Ethernet Services for business customers.  Vodafone UK currently uses CityFibre FTTP (fibre-to-the-premises) infrastructure to help deliver its Vodafone full-fibre broadband service. This new partnership will see Vodafone using CityFibre’s Ethernet infrastructure to offer more local access options than ever before…read more on TotalTele.com »

Tags: include expand partnership ethernet

 
 

1bn stake sale could see CityFibre increase rollout to 10m

2021-05-24 02:00:00| Total Telecom industry news

Back in March, it was announced that UK altnet CityFibre were looking to sell a significant minority stake in the company for up to £1 billion.  Now, CityFibre CEO Greg Mesch (pictured) has told The Mail on Sunday that the operator in talks with 20 potential investors to purchase up to a 30% stake in the company…read more on TotalTele.com »

Tags: to sale increase stake

 

CityFibre promotes digital inclusion in the North East of England

2021-03-24 01:00:00| Total Telecom industry news

In an effort to tackle digital exclusion in the North East of England, CityFibre has announced that it will be partnering with local social enterprises, Donate Digital and Better ConNEcted, to deliver better access to equipment and digital skills…read more on TotalTele.com »

Tags: north digital east england

 

CityFibre announce FTTP builds in 216 additional towns and villages

2021-03-12 01:00:00| Total Telecom industry news

CityFibre has identified 216 additional towns and villages that are to benefit from FTTP rollout, completing the list of locations in its £4 billion nationwide investment programme.  The locations selected will see CityFibre extend its networks to much smaller conurbations, bringing FTTP to communities outside the UK’s major towns and cities.   These new rollouts will reach in excess of 3 million homes and represent more than £…read more on TotalTele.com »

Tags: additional towns announce villages

 

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