CityFibre is the UK’s largest alternative provider of wholesale fibre network infrastructure and it plays a key role in building a world-class digital infrastructure platform for the UK. In their continuous effort to help the UK enter the ultrafast broadband era, CityFibre has secured an astonishing £1.125 bn capital raise, the largest amount ever in the UK for full-fibre deployment.
With The Great British Switch Off fast approaching, individuals, businesses, schools and hospitals are urged to move away from our traditional copper network and to start embracing full-fibre. They, therefore, need to be able to rely on a resilient, fast, high-quality network.
This incredible investment will help to ensure CityFibre succeed in their mission to bring full-fibre to 8 million premises by 2025, including:
- 800k businesses
- 400k public sector sites
- 250k 5G / mobile sites
The company has already invested £4 billion in projects spread across the country. The aim is to build smart cities as well as making the full-fibre network available to remote rural areas, as part of the UK government's £5 bn Gigabit project.
Click here to check if CityFibre broadband is available in your area
Whatever the size of your business, the move to fibre is inevitable. As a CityFibre strategic partner, 2 Circles can offer you unbeatable prices across the whole CityFibre product range. Contact us on 03456 200 200 or info@2circles.com and our team of experts will be happy to discuss the most appropriate solution for your business.
This capital raise is proof of the benefits of a truly competitive infrastructure market,” said CityFibre CEO Greg Mesch. “If nurtured and protected, infrastructure competition at scale will continue to unleash huge investment from the private sector as well as catalyse investment from incumbent operators. Ultimately, though, it is residents, businesses and the UK economy that stand to benefit, with competition driving what has become the fastest roll-out of full-fibre in Europe. Greg Mesch, CityFibre CEO
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