CityFibre, the UK’s independent full fibre platform, has reached agreement with its shareholders and existing lenders on a major £2.3 billion (€2.6bn) financing round, accelerating its next phase of growth. The financing includes £500 million in new equity secured from CityFibre shareholders, Infrastructure at Goldman Sachs Alternatives, Antin Infrastructure Partners, Mubadala Investment Company and Interogo […]

CityFibre, the UK independent full fibre platform, has announced the acquisition of Connexin’s full fibre infrastructure, establishing a material foothold across Hull and East Riding and enabling the expansion of CityFibre’s footprint by up to 185,000 premises. The agreement will see Connexin’s shareholder, Patrizia’s European Infrastructure Fund II, become a minority shareholder in CityFibre. The […]

CityFibre has reported record revenues and its first year of profitability. The UK fibre broadband player delivered a record 34 per cent increase in revenue to £134 million in 2024. Consumer revenues increased by 73 per cent, and djusted EBITDA stood at £5 million. The company added over 181,000 net new customers, reaching 518,000 total […]

CityFibre, the UK’s independent full fibre platform, has  announced a long-term partnership with Sky, one of the biggest broadband providers in the UK. The new agreement will see Sky offering its broadband to people on CityFibre’s nationwide full fibre network. Sky’s Full Fibre Broadband is expected to be available on CityFibre’s full fibre network from […]

Homes and businesses in southern and eastern parts of England are set to benefit from new highspeed broadband connections backed by almost £320 million (€373m) of UK government investment. People living and working in rural parts of Norfolk, Suffolk and Hampshire are set to have their ability to bank online, conduct business, shop, communicate and […]

UK multiplay operator Virgin Media O2 (VMO2) is reported to be considering a £3 billion (€3.4bn) takeover bid for full fibre altnet CityFibre. Mike Fries, chief executive of VMO2 parent company Liberty Global, is said to have held initial talks with Greg Mesch, Chief Executive Officer at CityFibre. By 2025 CityFibre’s rollout is set to […]

CityFibre, the UK’s independent full fibre platform, has signed an agreement with toob, a full fibre network builder and broadband provider based in the South of England, enabling them to extend their broadband retail proposition across CityFibre’s national footprint. The agreement will enable toob to extend its market reach, launching its ultra-fast services over CityFibre’s […]

UK full fibre platform CityFibre has now passed more than 2 million homes in its rollout. The major milestone marks the completion of 25 per cent of its announced nationwide rollout to 8 million premises. Once the full rollout is completed, the network will address approximately one third of the UK market and unlock up […]

Nokia has announced a 10-year XGS-PON broadband equipment agreement with UK Full Fibre infrastructure platform CityFibre including access nodes for its nationwide network of purpose-built Fibre Exchanges, fibre modems for customer homes and IP aggregation switches. Shipments will begin in Q4 2022. CityFibre is building an open access network which will connect up to 8 […]

CityFibre, the UK’s independent Full Fibre platform and carrier-neutral operator, has announced a further equity commitment of £300 million (€360m) from its existing shareholder, Mubadala Investment Company. This equity investment will support CityFibre’s accelerated growth plans and enable participation in Building Digital UK’s (BDUK) ‘Project Gigabit’ rural programme. Under the infrastructure vertical of the UAE–UK […]