4 Feb 2015 13:00
For immediate release | 4 February 2015 |
CITYFIBRE INFRASTRUCTURE HOLDINGS PLC
('CityFibre' or the 'Group' or the 'Company')
CityFibre announces first win in Wales with Logicalis
CityFibre (AIM: CFHL), a leading designer, builder, owner, and operator of fibre optic infrastructure in UK towns and cities, is pleased to announce a partnership with Logicalis, the global provider of IT solutions and managed services, to construct a 'Community Safety Network' - a high capacity resilient pure fibre ring - in Newport, Wales' third largest city.
The project was awarded under the UK's Public Services Network (PSN) framework and is the first for CityFibre in Wales, marking the second win for CityFibre's dark fibre solutions in partnership with an accredited provider to the framework, following the deal with the metropolitan borough of Kirklees, announced in August 2014.
The initial fibre deployment in Newport will connect over 40 sites and will be designed to accommodate the growing community safety estate. The network will allow Newport City Council to harness future smart technologies as the city evolves, including ultra-high definition CCTV, digital information boards, and traffic and alarm monitoring applications.
As with previously announced projects, CityFibre expects over time to expand beyond the initial scope of build-out to encompass potential further opportunities including additional public sector sites, businesses, mobile cell sites and the residential broadband segment, under its Gigabit City model.
Greg Mesch, Chief Executive Office of CityFibre, commented:
"This project forms an essential part of transforming Newport into a modern, fully connected, digital city and we are delighted to be working alongside Logicalis, a prominent name in both the public sector and enterprise space. Their selection of us as partner is a powerful endorsement of CityFibre's model, and we look forward to exploring further PSN opportunities with them.
"As we move ever closer to living in a truly connected world, the network that runs throughout UK cities will increasingly act as the arteries that allow it to consistently evolve, technologically, for the benefit of its residents. We believe CityFibre will play an ever increasing role in the evolution of that vision as the demand for future proof gigabit connectivity continues to grow."
Mark Starkey, Managing Director of Logicalis added:
"We have been working with the local authorities in Wales for a long time now and are continuing to build on that collaboration. There is huge potential to transform Welsh cities by installing future-proof fibre networks and support community-changing initiatives such as this through the exploitation of this infrastructure. We see this project in Newport as the first step on a long-term partnership with CityFibre."
For further information, please contact:
CityFibre Infrastructure Holdings plc | www.cityfibre.com |
Greg Mesch, Chief Executive Officer | Tel: 0845 293 0774 |
Terry Hart, Chief Financial Officer |
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James Enck, Head of Investor Relations | Tel: 0333 150 6283 |
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finnCap (Nomad and Joint Broker) | www.finncap.com |
Stuart Andrews / Christopher Raggett (Corporate Finance) | Tel: 020 7220 0500 |
Simon Johnson (Corporate Broking) |
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Liberum (Joint Broker) | www.liberum.com |
Steve Pearce / Steven Tredget / Richard Bootle | Tel: 020 3100 2000 |
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Vigo Communications | www.vigocomms.com |
Jeremy Garcia / Fiona Henson | Tel: 020 7016 9570 |
About CityFibre:
CityFibre enables gigabit connectivity through designing, building, owning, and operating fibre optic network infrastructure. It is the largest independent provider of fibre infrastructure to mid-sized cities and major towns across the UK, providing gigabit-capable infrastructure for enterprise and public sector organisations, service providers, mobile network operators and businesses.
The Company owns and operates 490 route kilometres of local access networks serving over 800 customer locations in 60 towns and cities in the UK, including York, Coventry, Peterborough, Huddersfield, Hull, Sheffield, Newcastle, Dundee, Bath, Derby and Doncaster.
To date the Company has launched four Gigabit City projects in York, Peterborough, Coventry and Aberdeen, where city-wide pure fibre networks known as 'COREs' bring world-class Internet connectivity and the benefits of gigabit speeds to every aspect of the city's community.
CityFibre is also a proud member of a joint venture with TalkTalk and Sky. Established in early 2014, the collaboration aims to prove the viability of gigabit speed Fibre-to-the-Premises (FTTP) networks and services for homes and businesses. Work is currently underway to connect tens of thousands of homes and businesses in York to a future-proof FTTP modern digital infrastructure.
CityFibre is based in London, United Kingdom, and its shares trade on the AIM Market of the London Stock Exchange (AIM: CFHL).
To find out more, please visit: www.cityfibre.com