CityFibre revenue up 115% in H1

Monday 28 September 2015 | 10:29 CET | News
UK wholesale fibre network provider CityFibre has reported turnover up 115 percent year-on-year to GBP 2.7 million for the six months to 30 June, compared to GBP 1.3 million in 1st-half 2014. The adjusted EBITDA loss reduced 8 percent year-on-year to GBP 1.8 million, down from a GBP 2 million loss in the year-earlier period. CityFibre added new contracts with total contract value (TCV) of GBP 8.1 million in the six months, versus GBP 11.1 million for full financial year 2014. Total unrealised TCV was GBP 27 million at end-June, compared to GBP 21.1 million at end-2014. The total core metro

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Categories: Fixed
Companies: CityFibre
Countries: United Kingdom
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