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Broadband

CityFibre completes acquisition of Kcom network assets

Monday 18 January 2016 | 21:39 CET | News
UK fibre infrastructure provider CityFibre has completed the GBP 90 million acquisition of national network infrastructure assets from Kcom Group. The deal was announced in December 2015. As a result, CityFibre now owns a combined metro network route length of 2,100 km, with significant presence in 36 towns and cities, 21 of which are entirely new markets for the company. The addressable market estimated by CityFibre directors is 24,500 public sector sites, 7,000 cell sites, 245,000 businesses and 3.5 million homes, or around 15 percent of UK households.

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Categories: Fixed
Companies: CityFibre / Kcom
Countries: United Kingdom
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