CityFibre

UK Chancellor, Philip Hammond announced in his speech at the annual Confederation of British Industry (CBI) dinner a pledge to make full fibre to the premises (FTTP) connections available to most homes and businesses by 2025 as part of the government’s Modern Industrial Strategy.

UK-based alternative fibre network provider, CityFibre has agreed the terms of a recommended cash acquisition by Bidco.

Newly incorporated company, Bidco – which is indirectly owned by a consortium including private equity house Antin and Goldman Sachs’ West Street Infrastructure Partners – is paying 81p per share for CityFibre in a deal worth £537.8 million.

CityFibre has filed for a judicial review of the UK’s advertising watchdog, the Advertising Standards Authority’s (ASA), 2017 ruling, which approved the continued use of the term ‘fibre’ to describe services delivered over copper-based networks.

The builder, owner, and operator of fibre-optic infrastructure argues that the research and logic that led to the ASA’s decision was fundamentally flawed and that the watchdog has not only permitted, but also encouraged internet service providers to continue to mislead consumers.

Aberdeen is set to become Scotland's first gigabit-speed fibre broadband city following an extended partnership between Vodafone and CityFibre to introduce a gigabit-capable full fibre broadband network under the two companies’ fibre to the premises (FTTP) programme. CityFibre will invest at least £40 million of private funds in the city-wide roll-out, after which nearly every home and business will be able to access to gigabit-speed broadband.

Milton Keynes is set to become the first community to benefit from gigabit-capable ‘full fibre’ broadband under the new Vodafone and CityFibre fibre-to-the-premises (FTTP) programme. The project will see CityFibre invest at least £40 million into the city’s digital infrastructure.

COVENTRY, UK – Coventry has become one of the first cities in the UK to connect the majority of its GP practices to a Gigabit City network, offering world-class connectivity to staff and patients.

Gigabit City builder CityFibre is working in partnership with systems integrator, Pinacl Solutions, to connect 62 of the region’s doctors’ surgeries and community health centres to their very own next-generation full-fibre network.

Vodafone and CityFibre have announced a long-term strategic partnership to bring fibre-to-the-premises (FTTP) infrastructure to up to five million UK homes and businesses by 2025.

The partnership represents ‘one of the most significant developments in UK telecommunications since the launch of ADSL broadband around 17 years ago’, the companies said in a statement.

The UK Government has described how it plans to spend the £400 million investment aimed at bringing bring ‘full fibre’ connections – installing fibre-optic cables to individual properties – to two million more homes across the country.