PYX Resources: Achieving volume and diversification milestones. Watch the video here.
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Telecom regulator Ofcom is to investigate landline rental prices after substantial increase in real terms by all the main suppliers in recent years. Shares in telecoms group TalkTalk (LON:TALK) fell almost 4% on the announcement to 154.2p. The regulator said it was concerned by the increase in charges over the past six years, with Sky’s charges rising by 41% and the lowest rise 28%. Over the same period, the underlying wholesale cost of providing a landline service had fallen by 25% said Ofcom. Virgin Media and BT (LON:BT.A) are the most expensive landline providers with a monthly rental charge of around £19. BT saw its share price dip 1% to 353.8p. Earlier this week it was told by the regulator to move network arm Openreach into a separate subsidiary.
I am an investor and its not what I think . lol You cant speak for everyone all the time. lol
northernsoul, that's not what investors think. Check out BT.A shares. Also you oviously didn't understand the document. Read it again.
I think it up to others to decide that :)
Haitong concludes Openreach “cannot be legally separated” from BT Group http://www.proactiveinvestors.co.uk/companies/news/170407
Interesting. time will tell. But still not sure why you are so interested in City Fibre. and comment so often. Is it so you can say told you so, ? if things dont go well for City Fibre. When I am sure they are doing there very best to compete
northernsoul, here: http://www.colt.net/news/colt-delivers-100g-enabled-network Colt is focused on enabling critical business connectivity solutions by building out a multi-terabit optical backbone and next generation packet network optimised for 100Gbps connectivity. “To enable this transition, Colt is driving a data centre-focused, distributed network topology, offering direct 100Gbps connections to over 200 key data centres, carrier hotels and cloud aggregation points, putting customers closer to the core of their digital business,” said Rajiv Datta, CTO, Colt. Read both the articles and enjoy. BTW, In contrast, Cityfibre's KCOM network is tiny.
Where does it say that COLT is buiding the LARGEST alternative Backbone Network in the UK delivering100Gbs IN THAT ARTICLE YOU HAVE QUOTED ????????????????
Very interesting article.
COLT is buiding the largest alternative Backbone Network in the UK delivering100Gbs. http://www.colt.net/blog/2016/11/28/british-backbone-network/
The Investment is aimed at communities in Rural Areas which have long complained that their businesses have been badly damaged by poor internet connections. A European Commission survey this year found that only just under half of Britain's rural households had access to superfast broadband at 30Mbps, a level that allows users to watch films online. It is not aimed at Companies like CityFibre who want to Cherry Pick Business only areas. Emerging Third party providers are companies such as Hyperoptic who provide service by utilising other provider’s backbone infrastructure. Most of the £1 Billion pounds is reserved for 5G trials for the mobile Industry and not for companies like CityFibre.
Minister of State for Digital and Culture Matt Hancock said: "In last week's Autumn Statement we committed to investing another £1billion in the UK's digital infrastructure and to support the delivery of full-fibre broadband. "Fibre is the future, so today's announcement by CityFibre is another boost to help achieve our ambitious goals. It will give small businesses across the country access to fast and reliable broadband and encourage other emerging providers to scale up so we remain a world-leading economy."
The aim of the funding, which will include £400m investment into a Digital Infrastructure Investment Fund, is to boost commercial finance for emerging fibre broadband providers looking to scale up. So you think Virgin and Bt are emerging broadband proviers then. lol lol
BT and Virgin Media will benefit more from it as they are planning to roll out massive (billions of pounds worth) new (FTTP) Fibre To The Home infrastructure across the UK next year. CityFibre is only worth a tiny fraction of it.
100% business rates relief on new fibre infrastructure
He was on 60 k and your point is
www.marke****ch.com/story/cityfibre-pretax-loss-widens-chairman-to-leave-2016-09-26
This is what the chairman said "CityFibre reported a much widened first-half pretax loss, after booking near doubled administrative expenses, and said that to date it has seen no changes in customer behavior or demand since the U.K. vote to exit the European Union." http://www.marke****ch.com/story/cityfibre-pretax-loss-widens-chairman-to-leave-2016-09-26
The Board was notified on 23 September 2016 of the intention of Non-Executive Chairman Peter David Manning to step down effective 16 January 2017, the third anniversary of the Group's IPO and after three-and-a-half years of service. Under Peter's careful stewardship, the Company has grown from a small, privately-held business with large aspirations, to a rapidly growing and asset-rich public company with significant scope and scale in the national fibre infrastructure market. Having taken the company through a period of rapid growth through to EBITDA positive, including admission to AIM, three major acquisitions, and nearly £300m in capital formation, Peter now wishes to spend more time developing his portfolio of private equity-financed companies. The Board and executive team wish to thank him for the major contributions he has made to the Company's development over the three-and-a-half years since his appointment, and wishes him well in his future endeavours.
interesting view always
The Treasury Fund is a loan and not free money, available to all aternative Companies. CityFibres mounting debt and administration costs are already a problem. CityFibre's executive Chairman, Peter Manning is leaving at the end of the year because of it.
Virgin Media and BT also welcome HM Treasury Fibre Fund.
i take it you are not a holder of City Fibre then lol DYOR
welcomes HM Treasury Fibre fund.
Not much use if CityFibre aren't around in the long term.