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CityFibre Signs USD4.6 Million In Deals In Bradford And Leeds

Tue, 05th Apr 2016 08:00

LONDON (Alliance News) - CityFibre Infrastructure Holdings PLC on Tuesday said it has secured new partners for its networks in Bradford and Leeds.

The deals, which carry a combined value of GBP4.9 million over six years, have been struck with Bradford-based Exa Networks, which provides connectivity services to the education and business sectors, and Leeds-based Diva Telecom, a business-to-business telecoms provider.

Exa has committed to a minimum of 250 connections in the Bradford area, while Diva has committed to 100 in Leeds.

Exa also has signed a strategic partnership with CityFibre to target the UK education sector. No financial details were disclosed on this agreement.

CityFibre shares were up 4.5% to 46.50 pence Tuesday.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2016 Alliance News Limited. All Rights Reserved.

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