CityFibre Infrastructure Hldgs PLC Capacity sale to euNetworks (1439L)
September 29 2016 - 2:01AM
UK Regulatory
TIDMCITY
RNS Number : 1439L
CityFibre Infrastructure Hldgs PLC
29 September 2016
For immediate release 29 September 2016
CITYFIBRE INFRASTRUCTURE HOLDINGS PLC
('CityFibre' or the 'Group' or the 'Company')
Capacity sale to euNetworks
First capacity sale on Manchester network to leading
international metro fibre provider
CityFibre (AIM: CITY), a leading designer, builder, owner, and
operator of fibre optic infrastructure in UK towns and cities, is
pleased to announce a new contract with leading international metro
fibre provider euNetworks for capacity on its Manchester
footprint.
The GBP0.5m agreement provides euNetworks with access to the
Group's 40-kilometre network in Manchester for a term of 15 years
in order to serve its enterprise customer base across an expanded
data centre footprint in the city. The transaction adds a further
seven data centres in Manchester to the CityFibre footprint and
euNetworks as CityFibre's 52(nd) service provider customer.
London-based euNetworks is a Western European provider of
bandwidth infrastructure services, comprising 13 fibre-based
metropolitan city networks in five countries, connected with a high
capacity intercity backbone covering 45 cities in 10 countries.
Greg Mesch, Chief Executive of CityFibre, commented:
"We're very pleased to add euNetworks, a leading international
fibre infrastructure provider, to our growing ecosystem of service
provider customers. Today's agreement demonstrates the value of
CityFibre's metro local access footprints outside the very
competitive London market, which are highly complementary to the
network presence of many leading enterprise carriers focused on the
Capital. We look forward to working with euNetworks across our
national estate in future."
For further information, please contact:
CityFibre Infrastructure Holdings www.cityfibre.com
plc
Greg Mesch, Chief Executive Officer Tel: 0845 293
0774
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 Tel: 020 7220
(Corporate Finance) 0500
Simon Johnson (Corporate Broking)
Liberum (Joint Broker) www.liberum.com
Steve Pearce / Steven Tredget / Tel: 020 3100
Richard Bootle 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
END
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