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Master Services Agreement with Level 3

23 Jun 2016 07:00

RNS Number : 0202C
CityFibre Infrastructure Hldgs PLC
23 June 2016
 

For immediate release

23 June 2016

 

 

CITYFIBRE INFRASTRUCTURE HOLDINGS PLC

('CityFibre' or the 'Group' or the 'Company')

 

CityFibre agrees Master Services Agreement with Level 3

First call off in Edinburgh under new agreement

 

CityFibre (AIM: CITY), a leading designer, builder, owner, and operator of fibre optic infrastructure in UK towns and cities, is pleased to announce the signing of a national Master Services Agreement ('MSA') with international network, voice and data services provider, Level 3 Communications Limited ('Level 3'). The Company also announces today the first call off under the MSA, across the Group's Edinburgh network.

 

The MSA sets out standard terms and pricing under which Level 3 can procure fibre from CityFibre's expanded network to service its numerous enterprise customers across the UK.

 

The first call-off under the MSA is a dark fibre metro ring on CityFibre's Edinburgh network, to which Level 3 will connect local customer sites.

 

Greg Mesch, Chief Executive of CityFibre, commented:

"We are delighted to be able to announce both the MSA and the first commercial call-off in Edinburgh with Level 3. This marks an innovative solution for CityFibre customers, in providing both a resilient dark fibre metro ring as well as additional connections to customer locations.

"This agreement demonstrates the enhanced relevance our UK footprint now has to international service providers providing solutions to the UK market. Clearly, with our expanded presence in 37 towns and cities across the UK, we offer increased scope for Level 3 to migrate customers to on-net dark fibre connections with significant advantages in terms of cost and solution architecture."

 

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

 

James Enck, Head of Investor Relations

Tel: 0333 150 6283

 

 

finnCap (Nomad and Joint Broker)

www.finncap.com

Stuart Andrews / Christopher Raggett (Corporate Finance)

Tel: 020 7220 0500

Simon Johnson (Corporate Broking)

 

 

 

Liberum (Joint Broker)

www.liberum.com

Steve Pearce / Steven Tredget / Richard Bootle

Tel: 020 3100 2000

 

 

Vigo Communications

www.vigocomms.com

Jeremy Garcia / Fiona Henson

Tel: 020 7830 9700

 

About CityFibre:

CityFibre is the national builder of Gigabit Cities, as the UK's largest alternative provider of wholesale fibre network infrastructure. It has major metro duct and fibre footprints in 37 cities across the UK and a national long distance network that connects these cities to major data-centres across the UK and to key peering points in London.

The company has an extensive customer base spanning service integrators, enterprise and consumer service providers and mobile operators. Providing a portfolio of active and dark fibre services, CityFibre's networks address 26,000 public sites, 7,400 mobile masts, 260,000 businesses and 3.7 million homes.

CityFibre is based in London, United Kingdom, and its shares trade on the AIM Market of the London Stock Exchange (AIM: CITY). Further information on the company can be found at www.cityfibre.com

This information is provided by RNS
The company news service from the London Stock Exchange
 
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