CityFibre’s recent strategic move to sell its ISP subsidiary, Lit Fibre, back to its original founders aligns with their focus on wholesale network provision. This decision reinforces CityFibre’s commitment to enhancing its robust full-fibre network.
In a strategic move to bolster its network reach, alternative fibre builder CityFibre has successfully acquired Lit Fibre, marking the first step in its plan to consolidate within the UK’s burgeoning altnet sector. Lit Fibre, known for its vertically integrated model encompassing both network construction and ISP services, currently serves over 220,000 premises across more than 20 towns in several regions.
In a bold move that underscores its commitment to leading the UK’s fibre optic expansion, CityFibre has acquired Lit Fibre, a smaller but significant player in the market. This strategic acquisition is set to boost CityFibre’s reach by an additional 300,000 premises, signaling a significant step in its quest to become the nation’s third major infrastructure platform, alongside giants like Virgin Media O2 and Openreach.
Unveiling the hidden importance of fibre optic cables in delivering quality and reliable internet services, we spotlight Prysmian, European industry front-runner. Delving into the connection between prudent cable choice and tangible savings in network installation, while highlighting the formidable costs of cable failures. Prysmian’s commitment to innovation shines in miniaturising cables without compromise, resulting in practical and ecological benefits. Prysmian’s Telecom Business Director is set to reveal more insights at the Connected Britain Conference.
Zegona Communications and MasOrange have launched FibreCo, a groundbreaking venture poised to revolutionize Spain’s fibre infrastructure by potentially covering 12.2 million premises. This collaboration integrates their FTTH networks, aiming to establish the largest FTTH network in Europe.
Harmony Networks has acquired Spring Fibre for £1.5 million. While Spring Fibre aimed for expansive growth, it faltered under financial strain, only connecting 12,000 premises out of a million.
Zen Internet and Freedom Fibre’s collaboration unveils robust full-fibre connectivity, revolutionizing business solutions. Utilizing Freedom Fibre’s XGS-PON network, Zen Internet offers high-speed broadband services, bridging the digital divide.
Residents and business owners in Colne, Lancashire, will soon benefit from enhanced services thanks to UK full fibre broadband provider brsk. By investing in a new full fibre network, brsk aims to deliver symmetrical speeds of up to 2Gbps, enhancing connectivity for approximately 11,000 homes and businesses.
CityFibre, the UK alternative network provider, urgently seeks external funding to maintain pace against competitors like Openreach. Despite financial challenges, CityFibre reported impressive growth with a revenue surge to £99.67 million in 2023.
Vodafone Germany is revolutionizing its VoIP landscape by expanding fibre broadband to 11 million homes and businesses. This strategic move solidifies Vodafone as the operator of Germany’s largest fibre network. Leveraging partnerships with Deutsche Telekom and Deutsche Glasfaser, Vodafone promises 11 million new VoIP-enabled connections, enhancing connectivity options.