Vodafone and CityFibre, the UK´s largest alternative provider of wholesale fibre network infrastructure, has announced a long-term strategic partnership that will bring ultrafast Gigabit-capable full fibre broadband to up to five million UK homes and businesses by 2025, the company said.
Under the wholesale agreement, Vodafone will have a period of exclusive rights (predominantly during the build phase of each city network) to market ultrafast consumer broadband services on the FTTP network to be built, operated and owned by CityFibre.
Construction of the first phase of deployment to one million premises is due to start in the first half of 2018 and will be largely complete in 2021. Both parties have the right to extend the commercial terms of this agreement to expand coverage to a further four million homes and businesses by 2025.
FTTP networks use fibre-optic cables for every stage of the connection from the customer´s home or workplace to the Internet, providing extremely fast and reliable broadband services capable of Gigabit speeds (1,000 mbps). FTTP broadband connections are vastly superior to outdated networks that rely on old copper telephone lines to connect to the customer´s premises, enhancing business productivity and transforming consumers´ daily lives.
Vodafone Group is one of the world´s largest telecommunications companies and provides a range of services including voice, messaging, data and fixed communications. Vodafone Group has mobile operations in 26 countries, partners with mobile networks in 49 more, and fixed broadband operations in 19 markets. As of 30 June 2017, Vodafone Group had 523.5 million mobile customers and 18.5 million fixed broadband customers, including India and all of the customers in Vodafone´s joint ventures and associates. For more information, visit: www.vodafone.com
CityFibre is the UK´s largest alternative provider of wholesale full fibre network infrastructure. It has major metro duct and fibre footprints in 42 cities across the UK, a national long distance network, and provides a portfolio of active and dark fibre services. The company has an extensive customer base spanning service integrators, enterprise and consumer service providers and mobile operators. 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