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CityFibre to Extend UK Reach

11th Aug 2014 07:00

RNS Number : 7193O
CityFibre Infrastructure Hldgs PLC
11 August 2014
 



For immediate release

11 August 2014

CityFibre Infrastructure Holdings plc

("CityFibre" or the "Company")

CityFibre to extend UK reach through Easynet agreement in Kirklees

 

Collaboration creates the most advanced Public Services Network offering to UK towns and cities

CityFibre (AIM: CFHL), a leading designer, builder, owner and operator of fibre optic infrastructure, is pleased to announce it has signed a long term agreement with Easynet, formerly MDNX, to deploy dark fibre connectivity to 176 public sector sites in the metropolitan borough of Kirklees, West Yorkshire.

 

Pursuant to the contract, CityFibre will design and build a 72-kilometre fibre network which will enable Easynet, a UK Government approved and accredited Public Service Network (PSN) and G-Cloud supplier, to offer transformational, gigabit-capable fibre network connectivity solutions to the metropolitan borough of Kirklees as part of its overall solution for the council. The total contract value to capex ratio attributable to CityFibre is in line with the Company's previously stated guidelines.

 

This marks the first contract win for CityFibre with a service provider partner under the PSN national procurement framework. It also marks the first time that a PSN-approved provider has incorporated an extensive dark fibre solution in delivering a PSN project. The combination of CityFibre's proven track record of developing similar projects in cities such as York and Peterborough, and Easynet's extensive experience in delivering multi-million pound government ICT solutions, will enable both parties to deliver next generation services to key UK regional towns and cities.

 

Greg Mesch, Chief Executive Officer of CityFibre commented: "We are delighted to be announcing this agreement with Easynet, which will broaden our UK footprint and position CityFibre as an approved supplier to Easynet for the Government's PSN framework. Our city-wide pure fibre solutions are now available to local authorities throughout the UK.

"In a digital age, we must ensure that our towns and cities are furnished with a next generation and future-proof digital infrastructure supporting the public and private sectors. Our partnership with Easynet is an exciting opportunity for local authorities up and down the country to make the most of the PSN."

Simon Holmyard, Head of Public Sector, Easynet, commented: "There is a real opportunity for public sector customers to realise the value available under PSN by incorporating all the available infrastructure and technologies, delivering maximum flexibility and commercial value.

 

"This agreement with CityFibre complements our accredited PSN network service provision and adds to our Government portfolio of Hosting, Unified communications and collaboration services. We see CityFibre playing a significant part in this market transformation as part of our overall solutions. With the Public Sector drive towards Smart Working, having access to data anywhere and anytime is key."

 

 

For further information, please contact:

CityFibre Infrastructure Holdings plc

www.cityfibre.com

Greg Mesch, Chief Executive Officer

Tel: 0845 293 0774

Terry Hart, Chief Financial Officer

 

James Enck, Head of Investor Relations

 

 

 

finnCap (Nomad and Joint Broker)

www.finncap.com

Stuart Andrews / Christopher Raggett (Corporate Finance)

Tel: 020 7220 0500

Simon Johnson (Corporate Broking)

 

 

 

Liberum (Joint Broker)

www.liberum.com

Steve Pearce / Steven Tredget / Richard Bootle

Tel: 020 3100 2000

 

 

Buchanan

www.buchanan.uk.com

Jeremy Garcia / Fiona Henson / Gabriella Clinkard

Tel: 020 7466 5000

Notes to Editors:

About CityFibre:

CityFibre enables gigabit connectivity through designing, building, owning, and operating fibre optic network infrastructure. It is the largest independent provider of fibre infrastructure to mid-sized cities and major towns, providing gigabit capable infrastructure for enterprise and public sector organisations, service providers, mobile network operators and businesses.

The Company owns and operates 430 route kilometres of local access networks serving 800 customer locations in 57 towns and cities in the UK, including York, Coventry, Sheffield, Newcastle, Dundee, Bath, Derby and Doncaster.

CityFibre is based in London, United Kingdom, and its shares trade on the AIM Market of the London Stock Exchange (AIM: CFHL).

To find out more, please visit: www.cityfibre.com

About Easynet:

Easynet is a UK-based Communications and Managed Service provider ("CSP")&("MSP), and a UK government-approved and accredited PSN and G-Cloud supplier, delivering a managed network of networks. It has 20 years' experience providing managed services to public and private sector, national and multinational businesses.

Easynet offers customers a portfolio of network, hosting and unified communications solutions enhanced by a range of 'over the top' solutions including security, voice, videoconferencing and application performance management. Its Public Sector customers include Transport for London, Anglian Water, and JANET.

For more information visit www.easynet.com

This information is provided by RNS
The company news service from the London Stock Exchange
 
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