Coventry, Swindon & Bath to benefit from £2.5 billion CityFibre broadband investment

CityFibre

Coventry, Swindon and Bath are three of  37 towns and cities to benefit from extra investment in full fibre broadband after infrastructure provider CityFibre revealed a new £2.5 billion full fibre investment plan.

The company, which was bought in June 2018 by Antin Infrastructure Partners and West Street Infrastructure Partners (a fund managed by Goldman Sachs),  has identified towns and cities where it already has critical fibre spine assets as primed for expansion for fibre-to-the-home.

With Vodafone as its first consumer ISP customer, CityFibre’s fibre-to-the-home builds are currently underway in Milton Keynes, Peterborough and Aberdeen, with construction due to start in Edinburgh, Stirling, Coventry and Huddersfield before the end of this year and Cambridge, Leeds and Southend-on-Sea shortly afterwards.

Towns and cities with existing CityFibre infrastructure primed to receive additional investment are: Bath; Batley; Bournemouth; Bracknell; Bradford; Bristol; Crawley; Derby; Dewsbury; Doncaster; Glasgow; Halifax; Harrogate; Leicester; Maidenhead; Manchester; Newcastle-upon-Tyne; Northampton; Nottingham; Reading; Rotherham; Sheffield; Slough; Southampton; Swindon; Wakefield; Worthing.

Councillor Jim O’Boyle, Coventry City Council’s Cabinet Member for Jobs and Regeneration, said: “An investment of this size shows great confidence in the city and having a reliable, gigabit broadband service will be another way to attract and retain businesses to Coventry. With the growing importance and reliance on digital technology, the opportunity of having the benefits of full fibre will soon be available to everyone who lives and works in our city.”

Greg Mesch, CEO of CityFibre said: “With a head-start in 37 towns and cities, this full fibre investment plan enables us to further accelerate our rollout, catalysing huge economic growth in regional towns and cities across the country and transforming the UK’s digital future.

“Our rollout will soon bring to scale an innovative wholesale network, providing internet service providers and mobile network operators with greater choice and unrivalled technical capabilities, benefitting all sectors of the market.

“We now need to work together across Government, Ofcom and industry to create a level-playing field that continues to encourage investment from multiple network operators, so that full fibre can be delivered as quickly and effectively as possible.”