Hexatronic extends supply agreement with CityFibre
February 22 2022 - 11:30AM
Hexatronic extends supply agreement with CityFibre
Hexatronic Group AB
(publ)
556168-6360
Press Release
February 22,
2022
Hexatronic extends supply
agreement with CityFibre
Hexatronic UK Ltd., a wholly owned subsidiary of Hexatronic
Group AB, has signed a framework supply agreement with CityFibre,
the UK’s largest independent Full Fibre platform, to supply passive
fibre optic solutions including fibre optic cables, microducts,
connectivity cabinets and aerial nodes. The supply agreement
follows a previous contract announced in February 2019 to supply
similar solutions for CityFibre’s initial build of one million
homes.
The new agreement has an estimated value of around 100 MGBP over
the next three years. In addition, the contract includes an option
for CityFibre to extend the contract another two years. The
equipment will be used by CityFibre as the company rolls out its
Full Fibre networks throughout the UK to reach up to 8 million
homes, 800k businesses, 400k public sector sites, and 250k 5G
access points by end of 2025.
Comments from James
Thomas, Director of Supply Chain
at CityFibre: “We’re pleased to continue
and grow our relationship with Hexatronic. They have consistently
provided high-quality solutions to support our nationwide rollout
and continue to work closely with us as partners. We look forward
to our continued collaboration in delivering what is a critical
project to upgrade the UK’s digital infrastructure.”
Comments from Hexatronic Group’s
CEO“We are delighted to have retained the trust, as
CityFibre’s largest supplier of passive fibre optic products, of
such a dynamic and important player on the expansive UK market. We
have been working closely with CityFibre as a strategic supplier
over a number of years and even before as a partner on the
development of passive infrastructure solutions that can help drive
efficiency in their build programme. Our market-leading FTTH
products are characterised by being quick and easy to install, and
we support our customers with local field support and training
facilities. This continued partnership with CityFibre further
strengthens our position within the rapidly expanding UK market”
says Henrik Larsson Lyon, Hexatronic´s Chief Executive Officer.
Gothenburg, February 22, 2021
Henrik Larsson LyonCEO Hexatronic Group
For more information, please contact:
Henrik Larsson Lyon, CEO Hexatronic Group, +46 706 50 34
00
Pernilla Lindén, CFO Hexatronic Group, +46 708 77 58 32
The information was submitted for publication, through the
agency of the contact person set out above, at 17.30 CET on
February 22, 2022.
About CityFibre:CityFibre is the UK’s largest
independent Full Fibre infrastructure platform. We provide digital
infrastructure that enables our wholesale customers to provide
ultra-fast, reliable and futureproof broadband, ethernet and 5G
services to homes, businesses, schools, hospitals, GPs surgeries
and anything else that needs connecting.We have a £4bn Full Fibre
network rollout programme underway which is on track to serve up to
a third of the UK by 2025; that’s 8m homes, 800k businesses, 400k
local authority sites and 250k 5G access points. We’ve already
announced 285 cities, towns and villages which will receive a
transformational digital upgrade as part of our nationwide
rollout.As the nation’s only 100% Full Fibre wholesale network,
CityFibre is trusted by major Internet Service Providers and mobile
operators including TalkTalk, Three, Vodafone and Zen as we are
actively supporting a new generation of smaller regional ISPs
dedicated to delivering Full Fibre Broadband.CityFibre is based in
London and is owned by Antin Infrastructure Partners, Goldman Sachs
Asset Management, Mubadala Investment Company and Interogo
Holding.
About Hexatronic Group:Hexatronic Group AB
(publ) is a group that develops, markets and delivers products,
components and system solutions with the main focus on the fiber
optic market. Hexatronic offers a wide range of innovative system
and product solutions mainly for passive fiber optic infrastructure
with global trademarks like Matrix, Viper, Stringray, Raptor,
InOne, Drytech™, Lightmate®, Skyline and Wistom®. The Group has its
headquarters in Gothenburg, Sweden and has sales offices and/or
subsidiaries in Sweden, Norway, Denmark, Finland, United Kingdom,
The Netherlands, Italy, Estonia, Latvia, Lithuania, Germany,
Austria, China, New Zealand, Australia, the US and Canada. The
Group is listed on Nasdaq Stockholm under the ticker HTRO. For more
information, visit
www.hexatronicgroup.com.
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