9th Mar 2016 10:04
LONDON (Alliance News) - CityFibre Infrastructure Holdings PLC on Wednesday said it has signed a national framework agreement with Updata Infrastructure, a unit of outsourcer Capita PLC.
The agreement outlines the commercial terms by which Updata can access CityFibre's national network.
No financial details were disclosed on the agreement.
"This agreement cements CityFibre's position as a key supplier to the public sector, and reinforces our position as an emerging national alternative to Openreach," said Greg Mesch, CityFibre's chief executive.
CityFibre shares were up 2.0% to 50.50 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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