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Broadband

SSE buys dark fibre capacity on CityFibre network

Wednesday 6 April 2016 | 10:39 CET | News
UK fibre infrastructure provider CityFibre announced that SSE Enterprise Telecoms has become the first national service provider to buy dark fibre capacity over CityFibre's newly acquired long distance network (LDN). The 15-year contract has a total contract value (TCV) of GBP 2.3 million and covers a 48km stretch of network between Reading and Slough. The deal is structured as an indefeasible right of use (IRU), with the majority of the proceeds received up front, with a small annual recurring charge over the remainder of the contract term.

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Categories: Fixed
Companies: CityFibre / SSE Enterprise Telecoms
Countries: United Kingdom
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