17th Jan 2017 07:00
For immediate release | 17 January 2017 |
CITYFIBRE INFRASTRUCTURE HOLDINGS PLC
('CityFibre' or the 'Group' or the 'Company')
Stirling PSN award
Stirling becomes CityFibre's 41st city
CityFibre (AIM: CITY), a leading designer, builder, owner, and operator of fibre optic infrastructure in UK towns and cities, is pleased to announce the award of a contract to provide the City of Stirling with a Public Services Network, making it CityFibre's fourth Gigabit City in Scotland, and CityFibre's 41st nationally.
The seven-year contract with Buckinghamshire-based managed service provider MLL Telecom, carries an initial contract value (ICV) of £1.7m, and will require the initial construction of 20 kilometres of new network connecting 33 sites across the council's estate.
It will also provide future-proof foundations for further digital developments, for example, connecting mobile masts, delivering safer city infrastructure such as smart CCTV and street-lighting. As with all CityFibre's Gigabit City projects, the new network will be extended over time to offer the majority of Stirling's 3,000 businesses affordable access to gigabit speed services.
Greg Mesch, Chief Executive of CityFibre, commented: "We're thrilled to add Stirling as our fourth Gigabit City in Scotland, bringing the numerous benefits of pure fibre connectivity to the public sector and business community in the city. We're also very pleased to add MLL Telecom to our growing universe of service provider partners and look forward to working together to transform public services and business connectivity in Stirling, our 41st Gigabit City."
For further information, please contact:
CityFibre Infrastructure Holdings plc | www.cityfibre.com |
Greg Mesch, Chief Executive Officer | Tel: 020 3510 0602 |
Terry Hart, Chief Financial Officer |
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James Enck, Head of Investor Relations | Tel: 0333 150 6283 |
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finnCap (Nomad and Joint Broker) | www.finncap.com |
Stuart Andrews / Christopher Raggett (Corporate Finance) | Tel: 020 7220 0500 |
Simon Johnson (Corporate Broking) |
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Liberum (Joint Broker) | www.liberum.com |
Steve Pearce / Steven Tredget / Richard Bootle | Tel: 020 3100 2000 |
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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
Related Shares:
Cityfibre