CityFibre is thrilled to announce a significant milestone in its journey to revolutionize the UK’s digital landscape, having successfully raised £1.5 billion in new funding. At CityFibre, we’re building a new, intelligent, open-access fibre network specifically designed for the data age, and this fresh capital injection bolsters our resolve to transform communities across the country. With our cutting-edge fibre infrastructure, we are not only upgrading homes, schools, hospitals, and businesses with quick and reliable broadband, Ethernet, and mobile connections, but also creating a robust foundation that empowers innovation and drives economic growth across the UK. Our network of choice is already trusted by major names such as TalkTalk, Three, Vodafone, and Zen, as well as many dynamic smaller providers who are leveraging our capabilities to deliver superior connectivity.
This latest funding round enables CityFibre to accelerate our fully financed rollout programme, which has already passed nearly two million premises. Our ambitious plans to cover a third of the UK, impacting around 8 million homes, 800,000 businesses, 400,000 local authority sites, and 250,000 5G access points, are now set to gain considerable momentum. With these resources, we will extend our intelligent, open-access network to even more communities, driving digital inclusion and securing a better future for all. This investment not only reinforces our commitment to providing the UK’s finest digital infrastructure but also positions CityFibre at the forefront of the nationwide digital transformation, ensuring that every corner of our country is connected in a smarter, faster, and more efficient way.
