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Cityfibre

  • Mark Kleinman: Football watchdog search approaches injury time

    Business

    Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column. Today, he tackles the football watchdog search, big pay at GSK and CityFibre’s M&A warchest Football watchdog search approaches final whistle They think it’s all over. To paraphrase the immortal line of Kenneth Wolstenholme, the 1966 World [...]

  • Sky hopes Ofcom broadband reforms will attract more customers

    Tech

    British telecom companies have long been dogged by a reputation for poor customer service and complicated processes.

  • ‘It can be spaghetti out there’: can Cityfibre take on BT?

    telecoms

    The UK’s altnet industry is a tangled mess of “spaghetti” – at least, that’s how the boss of Cityfibre put it earlier this year. Altnets, or alternative networks, such as Cityfibre, Gigaclear and Community Fibre, have emerged as competitors to the UK’s broadband giants Virgin Media O2 and Openreach. Despite their smaller scale, they have [...]

  • BT drags down FTSE 100 after shares slump

    August 20, 2024

    BT shares slumped five per cent in early deals this morning after it was revealed that Sky had struck a broadband deal with one of its biggest rivals. Shares in the FTSE 100 telecoms giant extended losses to trade as low as seven per cent by mid-day. The stock’s performance dragged down the wider FTSE [...]

  • CityFibre and Community Fibre ‘weighing up’ G Network swoop

    July 11, 2024

    Cityfibre and Community Fibre are eyeing a takeover of smaller rival G Network, which connects hundreds of thousands of central London premises, according to reports.

  • Cityfibre: Network provider hits profitability in challenge to BT Openreach and Virgin Media

    May 8, 2024

    Cityfibre recently announced its acquisition of network provider Lit Fibre, which has boosted its full fibre rollout by up to 300,000 sites.

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