Vodafone/CityFibre FTTH strategic partnership

[Breelander]

It's not often (or ever?) that an RNS from an AIM-listed company is on topic for this board, but today's one from CityFibre Infrastructure (CITY) qualifies...

CityFibre (AIM: CITY) is pleased to announce the signing of a major strategic partnership with Vodafone (the 'Agreement'). Under the Agreement CityFibre will provide full-fibre connectivity in the first phase to a minimum of one million UK homes in twelve existing CityFibre towns and cities, with the potential to extend this to up to five million UK homes (approximately 50 towns and cities and representing 20% of the current UK broadband market) by 2025...

· Commitment by CityFibre to pass 1 million homes with full fibre connectivity across twelve existing CityFibre towns and cities and a framework for extension to 5 million homes, which would deliver 50% of the UK Government's target for full fibre rollout to 10 million premises

· Construction will commence in 2018, peak in 2020, and is expected to be largely complete in four years...

https://www.investegate.co.uk/cityfibre ... 00089950V/