CityFibre response to TalkTalk announcement

CityFibre notes today’s announcement from TalkTalk indicating its intention to build a full fibre network to up to 3 million homes and businesses. Whilst at a very early stage, this marks further momentum behind the drive for full fibre and could present further opportunity for collaboration to achieve critical national coverage. CityFibre has long advocated the need for investment in the UK’s digital infrastructure and we remain steadfast in our belief that new full fibre providers are best placed to deliver this - faster and at better value than Openreach. With our spine networks providing a head start in 42 towns and cities and our strategic partnership with Vodafone, CityFibre has a strong framework on which to roll out full fibre to up to 5 million UK homes, 20% of the UK. Achieving national coverage is a task too large for any one company and investment from multiple fibre providers will be required to complete the job. To date, CityFibre has demonstrated the economics of rolling out full fibre infrastructure, as highlighted in our successful York trial alongside both Sky and TalkTalk. CityFibre’s mission remains to deliver wholesale full fibre infrastructure to the maximum possible number of premises, in the shortest possible time and at the best possible value for consumers and service providers.