PR Archives:  LatestBy Company By Date


Press Release -- July 1st, 2016
Source: cityfibre
Tags:

CityFibre and Gigaclear to accelerate ultrafast speeds in rural areas

Hundreds of thousands of rural homes and businesses to enjoy fibre roll-out

London, 1st July 2016 – CityFibre, the UK’s alternative digital infrastructure provider, has formed a strategic partnership with Gigaclear, the leading provider of ultrafast pure fibre broadband services to rural areas. The agreement will help to dramatically accelerate the roll-out of next generation ultrafast internet access to hundreds of thousands of rural homes and businesses across the UK.

With extensive metro fibre networks in over 37 towns and cities and over 1,100km of long distance network, CityFibre’s national footprint will be used to facilitate and accelerate Gigaclear’s deployment of rural pure fibre networks. CityFibre’s long distance network will provide a new backhaul option for future Gigaclear deployments while its metro networks and POP facilities will facilitate connectivity to nearby rural areas.

In recent months both Gigaclear and CityFibre have raised substantial new investment from an extensive and highly regarded portfolio of investors demonstrating the market’s confidence in the need for alternative network infrastructure providers to deploy fit for purpose connectivity to public and private sectors and consumers.

Greg Mesch, Chief Executive of CityFibre said: “We are delighted to formalise a partnership with Gigaclear which shares such a complementary agenda. We have long been aware of the huge levels of demand for better internet connectivity in rural areas surrounding our urban network projects. It is a national embarrassment that residents and businesses in rural areas, and indeed many of those in towns and cities, have been left in the digital dark ages. Pure fibre infrastructure is the 21st century utility and is an essential component to everyday life.”

Matthew Hare, Chief Executive at Gigaclear said: “Bringing brilliant broadband to rural Britain has its challenges.  This partnership with CityFibre gives Gigaclear access to more capacity, faster delivery and more flexible bandwidth across the country. It helps us build Gigabit networks where other operators do not reach, to meet the demand for better broadband from homes and businesses.”

CityFibre contact:

FieldHouse Associates

Cordelia Meacher: +44 7961 311080

cordelia@fieldhouseassociates.com

Gigaclear contact:

Energy PR

T: 01993 823011

Gigaclear@energypr.co.uk

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

About Gigaclear

Gigaclear plc is dedicated to building and operating ultrafast, pure fibre to the premises broadband networks in rural Britain.

With fast and reliable pure fibre connectivity to every property in a community, our customers are able to do what they need online, at any time of day, regardless of how many users there are in their property.

The company was founded in December 2010 by its chief executive, Matthew Hare. For further information about qualifying communities see www.gigaclear.com/can-i-get-it

PR Archives: Latest, By Company, By Date