0
Broadband

CityFibre in talks to sell 30% stake to expand network roll-out

Monday 24 May 2021 | 10:45 CET | News
CityFibre, UK wholesale full-fibre infrastructure provider, is in talks to sell a GBP billion stake in the company to finance an expansion if its network roll-out, reports the Mail on Sunday newspaper. The new funding would help CityFibre expand its fibre roll-out target to 10 million premises by 2025, up from 8 million currently. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Companies: CityFibre
Countries: United Kingdom
::: add a comment
This article is part of dossier

Fibre


Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

CityFibre study shows internet now vital to UK quality of life

Published 11 Jun 2021 11:56 CET | United Kingdom
A new study from CityFibre and the Quality of Life Foundation shows the growing importance of broadband connectivity to the UK's ...

Cityfibre starts fibre network build in Bath

Published 07 Jun 2021 15:50 CET | United Kingdom
UK operator CityFibre announced the start of building its fibre network in Bath. The company said it will reach almost every home ...

CityFibre connects Glasgow social housing tenants to full-fibre network

Published 26 May 2021 09:02 CET | United Kingdom
CityFibre, UK wholesale full-fibre infrastructure provider, has announced an agreement with New Gorbals Housing Association to ...

Wrap-up week 20: T-Mobile NL te koop, Viaplay naar Nederland, grote mediafusies

Published 25 May 2021 12:01 CET | Netherlands
De afgelopen week stond vooral in het teken van de nodige 'corporate actions'. Ook op het gebied van video was er het nodige de ...

TalkTalk launches full-fibre broadband service in Bournemouth

Published 23 May 2021 19:41 CET | United Kingdom
UK telecoms company TalkTalk has launched full-fibre broadband services in Bournemouth, delivered using Openreach and CityFibre ...

Giganet starts roll-out of its own full-fibre network in South of England

Published 19 May 2021 10:43 CET | United Kingdom
Hampshire, UK-based ISP Giganet, subsidiary of telecoms services provider M12 Solutions, has started the roll-out of its own ...

CityFibre starts full-fibre network build in Middlesbrough

Published 19 May 2021 10:26 CET | United Kingdom
CityFibre, UK wholesale full-fibre infrastructure operator, has started construction of its new GBP 42 million town-wide ...

CityFibre starts construction of Preston full-fibre network

Published 17 May 2021 19:54 CET | United Kingdom
CityFibre, UK wholesale full-fibre network operator, has started construction work on its new GBP 30 million network in Preston. ...

TalkTalk launches full-fibre broadband service in Doncaster

Published 17 May 2021 11:59 CET | United Kingdom
UK telecoms company TalkTalk has announced the launch of its full-fibre broadband service in Doncaster. The service is being ...

CityFibre selects Pod-Trak for full-fibre network build in Lowestoft

Published 14 May 2021 10:11 CET | United Kingdom
CityFibre, UK wholesale full-fibre infrastructure provider, has restarted construction of its new GBP 14 million network ...

CityFibre starts building new full-fibre network in Cheltenham

Published 07 May 2021 10:58 CET | United Kingdom
CityFibre, UK wholesale full-fibre network operator, has started work on a new GBP 30 million network in Cheltenham....