Member Info for ElHumphreys

Interesting reading. Vodafone/Openreach joint investment http://www.telegraph.co.uk/business/2017/08/22/vodafone-talks-openreach-big-investment-uk-broadband/

Haha, Looks like Benny bulldog cannot understand English very well.

@northernsoul, I sold most of City shares when they peaked @70p but now planning to sell a few remaining ones.

@lacroix, Nothing wrong with "Strong Sell" . I agree with the article and am going to sell cityfibre and buy Vodafone which is a much better investment. Good article. Your "Strong Buy" is wrong.

@lacroix, how can I be wrong? I did not write the article. I only shared it. It is written by the famous Motley Fool. Check it for yourself https://www.aol.co.uk/money/2017/08/02/one-turnaround-stock-id-sell-to-buy-vodafone-group-plc/

By the Motley Fool https://www.aol.co.uk/money/2017/08/02/one-turnaround-stock-id-sell-to-buy-vodafone-group-plc/

Won't be double market value as the shares will be worth a lot less. The Companie's value won't increase by floating all those additional shares on the market. Also the acquisition of Entanet, a UK ADSL based (copper) broadband ISP for £29 Million is a bad move in my opinion. Cityfibre already has about a £100 million debt. A recipe for disater I would say.

mrcautious, I don’t think you understand Telecoms. To put multi-Gig down a single fibre, you need supporting equipment and the correct Network Architecture, which CityFibre does not have.

Although the SP will only go down below 50p and is unlikely to rise due to fierce competition and CityFibre’s out of date technology.

Me too. May buy if it falls below 50p.

Northernsoul. To clear the confusion, Infinity plus is a BT product and not a SSE product. SSE offer Fibre connection access up to 10Gbs (10 times faster than CityFibre). And yes it really is Great News, more Business customers will be able to get Internet Service 10 times faster than CityFibre. https://ssetelecoms.com/products/business-internet-services/extreme-internet-access/

SSE Enterprise Telecoms unveils plans to extend network reach to 55,000 additional business postcodes. Competition for CityFibre’s Business Park roll-outs

SSE opts for Openreach Dark Fibre Access instead of CityFibre’s Dark Fibre https://ssetelecoms.com/insights/press-releases/sse-enterprise-telecoms-unveils-plans-extend-network-reach-55000-additional-business-postcodes/

Looks like the SP has peaked and is on the downtrend again.

Guys, calm down, you get too excited very quickly. CityFibre's technology / model is out of date. Competition will wipe it out.

Yet another stupid comment from H-hi. Some mothers do a've em. Don't celebrate yet, the SP will be going down next month.

TalkTalk Business to Adopt Openreach Dark Fibre http://www.ispreview.co.uk/index.php/2017/04/isp-talktalk-business-adopt-bt-openreach-dark-fibre-cma-ruling.html

H-hi, Read all the comments below before commenting or you'll look more stupid. Regarding the fine, this is not a parking or speeding fine where you get a discount for early payment.

And the statement Mr Plonker.... Despite this, there had been no significant improvement in the performance of the company. Angus Carmichael, Scottish Road Works Commissioner, said: “The performance of CityFibre has been monitored and scrutinised over the last year. Staff have also met with the company on two occasions. In addition to CityFibre’s annual performance review, performance reports have been issued on a quarterly basis and updated statistics were available to the company on the Register throughout the period in question for the company to monitor. Despite this, there had been no significant improvement in the performance of the company. A particular incident in Edinburgh on 27 February 2017, which could have resulted in a fatality, further demonstrated CityFibre’s lack of compliance with road works legislation. The company has subsequently carried out an investigation into the incident, the findings of which confirm my conclusion that they have systematically failed to meet their statutory duty to co-operate under Section 119 of the New Roads and Street Works Act 1991. In view of their clear performance failures, I am left with no option other than to apply a financial penalty. As the failures are of a very serious nature, compromising both safety and quality, I have decided to impose a significant penalty of £35,000 to send a clear message to all organisations undertaking road works that poor performance is unacceptable.”

Cityfibre Fined £35K for “serious failures” http://www.ispreview.co.uk/index.php/2017/04/cityfibre-fined-35k-serious-failures-road-works-safety-scotland.html#respond