31 Mar 2015 07:00
For immediate release | 31 MARCH 2015 |
CITYFIBRE INFRASTRUCTURE HOLDINGS PLC
('CityFibre' or the 'Group' or the 'Company')
NEW CONTRACT WIN IN KINGSTON-UPON-HULL
CityFibre (AIM: CFHL), a leading designer, builder, owner, and operator of fibre optic infrastructure in UK towns and cities, today announces a new contract with Hull-based wireless broadband ISP Purebroadband.
Under the £0.5m contract, CityFibrewill replace Purebroadband's existing wireless backhaul solution connecting 12 hub sites in a ring round the city. The partnership will significantly boost internet speeds and network efficiency to thousands of businesses and homes using Purebroadband's services in Hull. It will also allow Purebroadband to dramatically increase its current capacity as it continues to cement itself as a viable alternative provider of broadband to Hull's 200,000 business and residential internet users.
The contract is the latest step in CityFibre's commercialisation of its Hull fibre network project. The Company began a 62km fibre rollout, based on its 'Well Planned City' design in late 2014 to deliver backhaul connectivity to mobile operators EE and Three UK, completing all city centre routes before Christmas. The network has been designed to accommodate current and future capacity requirements from the business community, public sector, mobile operators and datacentre providers.
John Pulley, Head of City Sales at CityFibre, said:
"We're very excited by the opportunity of working with Purebroadband in Hull to enhance both the quality of service, affordability and accessibility of next generation connectivity solutions in the community. We are seeing increasing interest from Service Providers to accessing businesses and consumers in Hull. CityFibre now provides a long overdue and credible infrastructure alternative in the local market, increasing competition and driving better services for all customers."
Joe Tandey, Operations Director at Purebroadband, said:
"More and more residents and businesses are looking for an alternative to Hull's incumbent operator, and our services are a perfect high-speed option. By upgrading our backbone with dark fibre from CityFibre, we will be able to offer an even better broadband service to our existing customers as well as accelerating our customer acquisition programme in Hull."
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 Group owns and operates 543 route kilometres of local access networks serving 885 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 five Gigabit City projects in York, Peterborough, Coventry, Aberdeen, and Edinburgh, 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. The CityFibre COREs are deployed using the Company's Well Planned City (WPC) design philosophy, in which its city-wide core fibre infrastructure is designed with thousand-strand fibre cables in dual ducts optimally routed to serve the present and future demand of the public sector, mobile base stations, business park estates, and ultimately designed to serve as feeder and distribution network for Fibre-to-the- Home deployments.
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 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