CityFibre unveils GBP2.5bn fibre rollout investment programme

24 Oct 2018

UK-based CityFibre has unveiled a GBP2.5 billion (USD3.2 billion) investment programme under which it plans to connect five million premises to full fibre. In a press release regarding its plans, the pure fibre provider said it has identified 37 towns and cities where it already has critical fibre spine assets as being primed for a fibre-to-the-home (FTTH) rollout. According to the operator its investment plan will deliver ‘a large-scale open-access platform reaching a fifth of the UK’s consumer market, providing choice for ISPs and mobile network operators, while complementing other national digital infrastructure developments underway’.

As previously reported by CommsUpdate, CityFibre has already linked up with Vodafone UK as its first consumer ISP customer, and has FTTH builds underway in Milton Keynes, Peterborough and Aberdeen, while construction is expected to start in Edinburgh, Stirling, Coventry and Huddersfield before the end of this year and Cambridge, Leeds and Southend-on-Sea shortly afterwards.

With regards to its updated investment plans, CityFibre CEO Greg Mesch was cited as saying: ‘With a head-start in 37 towns and cities, this full fibre investment plan enables us to further accelerate our rollout, catalysing huge economic growth in regional towns and cities across the country and transforming the UK’s digital future … Our rollout will soon bring to scale an innovative wholesale network, providing internet service providers and mobile network operators with greater choice and unrivalled technical capabilities, benefitting all sectors of the market.’

United Kingdom, CityFibre (incl. FibreNation)