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Stirling PSN award

17 Jan 2017 07:00

RNS Number : 2973U
CityFibre Infrastructure Hldgs PLC
17 January 2017
 

For immediate release

17 January 2017

 

 

CITYFIBRE INFRASTRUCTURE HOLDINGS PLC

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

 

Stirling PSN award

 

Stirling becomes CityFibre's 41st city

 

CityFibre (AIM: CITY), a leading designer, builder, owner, and operator of fibre optic infrastructure in UK towns and cities, is pleased to announce the award of a contract to provide the City of Stirling with a Public Services Network, making it CityFibre's fourth Gigabit City in Scotland, and CityFibre's 41st nationally.

 

The seven-year contract with Buckinghamshire-based managed service provider MLL Telecom, carries an initial contract value (ICV) of £1.7m, and will require the initial construction of 20 kilometres of new network connecting 33 sites across the council's estate.

 

It will also provide future-proof foundations for further digital developments, for example, connecting mobile masts, delivering safer city infrastructure such as smart CCTV and street-lighting. As with all CityFibre's Gigabit City projects, the new network will be extended over time to offer the majority of Stirling's 3,000 businesses affordable access to gigabit speed services.

 

Greg Mesch, Chief Executive of CityFibre, commented: "We're thrilled to add Stirling as our fourth Gigabit City in Scotland, bringing the numerous benefits of pure fibre connectivity to the public sector and business community in the city. We're also very pleased to add MLL Telecom to our growing universe of service provider partners and look forward to working together to transform public services and business connectivity in Stirling, our 41st Gigabit City."

 

 

For further information, please contact:

 

CityFibre Infrastructure Holdings plc

www.cityfibre.com

Greg Mesch, Chief Executive Officer

Tel: 020 3510 0602

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 40 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 28,000 public sites, 7,800 mobile masts, 280,000 businesses and 4 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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