22nd Jan 2015 09:01
LONDON (Alliance News) - CityFibre Infrastructure Holdings PLC said Thursday that it will meet market expectations for its 2014 results, and said it remains "well-position for further growth in 2015."
The company said its joint venture with Sky PLC and TalkTalk Telecom Group PLC for a fibre-to-the-home network trial in York is "progressing apace", with commercial launch expected later in the year.
CityFibre said that it ended the year with 25 total reseller or service provider relationships, up from 16 at its half year. It said it continues to progress its pipeline of opportunities across all four of its market verticals, with active discussions ongoing with 25 city councils.
CityFibre expects to announce its full-year results March 23.
Shares in CityFibre are trading up 2.1% at 67.40 pence Thursday morning.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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