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CFHL Cityfibre

52.00
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Cityfibre CFHL London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 52.00 01:00:00
Open Price Low Price High Price Close Price Previous Close
52.00 52.00
more quote information »

Cityfibre CFHL Dividends History

No dividends issued between 28 Apr 2014 and 28 Apr 2024

Top Dividend Posts

Top Posts
Posted at 14/1/2016 18:57 by pentangle
Nice to see CFHL already adding to their TCV by exploiting their expanded network even before the deal with KCOM has completed (how many acronyms can you get in one sentence!). Its amazing that although they have expanded their network by a factor of 11 since flotation two years ago the share price is still languishing below the 60p flotation price. I don't think this will last.
Posted at 14/12/2015 09:25 by pentangle
Notwithstanding the placing, which is totally unreasonable, this deal is transformational and projects CFHL into a whole new league. I suspect that a year or two down the line it will not seem very important whether the placing was at 50p or 65p as the share price will be much higher. Personally I took advantage of this morning's weakness to add 25,000 at 53.5p.
Posted at 09/10/2015 16:47 by rambutan2
A bit of info on the scheme, although having read it, it's perhaps not so clear cut that CFHL will use this debt route?
Posted at 02/10/2015 11:01 by aishah
CityFibre Infrastructure Holdings (CFHL)
In take-off mode

CityFibre (CFHL) has reported a 115% y-o-y increase in revenue and gains in its gross margin, showing the benefit of the rapid rollout of its fibre-optic networks and strong service demand. We highly rate CFHL’s attractive risk-minimising rollout strategy, whereby they first secure a long-term anchor tenant before any network build, and think that the company is set to emerge strongly into profit in future years. Our only major concern is if Ofcom carries out its current proposal to open BT’s dark fibre network and sets the access prices too low. Positively, Ofcom does appear to be aware of the risk to the sector, having rejected a similar proposal in 2012, due to the likely damage to competitors and the market.
Posted at 02/6/2015 09:10 by aishah
Construction of Edinburgh CORE Commences

Edinburgh CORE to bring ultrafast internet access to 7,000 businesses

CityFibre (AIM: CFHL), a leading designer, builder, owner, and operator of fibre optic infrastructure in UK towns and cities, is pleased to announce that construction has commenced on the first phase of the Edinburgh CORE network.

Under the agreement with leading Scottish business ISP Commsworld previously announced in March 2015, the first phase of the new network, a 50km deployment in the city centre, will bring the benefits of ultra-fast gigabit internet connectivity within reach of an estimated 7,000 businesses beginning in late summer, 2015.
Posted at 03/3/2015 07:42 by battlebus2
CITYFIBRE INFRASTRUCTURE HOLDINGS PLC

('CityFibre' or the 'Group' or the 'Company')

CityFibre brings Gigabit City vision to Edinburgh

CityFibre (AIM: CFHL), a leading designer, builder, owner, and operator of fibre optic infrastructure in UK towns and cities, is pleased to announce that it has signed an agreement with leading Scottish network serviceprovider, Commsworld, for the first phase of deployment of pure fibre network infrastructure in Edinburgh.

The initial 50km, of an anticipated 150km build, is backed by a contractual commitment from Commsworld to migrate a significant proportion of its large existing base of business customers onto CityFibre's new fit-for-purpose infrastructure. As in all its previously announced projects, the Total Contract Value ("TCV") to capex coverage ratio during the build is anticipated to be well within the Company's previously stated range.

The initial new network deployment will bring gigabit connectivity to within reach of an estimated 7,000 businesses, and establishes Edinburgh as CityFibre's next Gigabit City project.

Construction will commence this summer, and initial planning is already underway. As with CityFibre's other Gigabit City projects in Coventry, Peterborough, York and Aberdeen, the network will be deployed in-line with the company's "Well Planned City" design philosophy. This highly-sophisticated planning approach optimises network design and deployment to accommodate current and future capacity requirements from all aspects of a city's community under a shared infrastructure model.
Posted at 13/11/2014 09:38 by monty9
The FTTT agreement is fantastic news. Hard to put a number on it but is has to be big. Might also make CFHL a tempting acquisition for EE.
Posted at 13/11/2014 08:14 by jans3
For immediate release
13 November 2014


CITYFIBRE INFRASTRUCTURE HOLDINGS PLC
('CityFibre' or the 'Group' or the 'Company')

NATIONAL FRAMEWORK AGREEMENT WITH EE and Three UK

CityFibre to deliver UK's first dark Fibre-to-the-Tower ("FTTT") solution

CityFibre (AIM: CFHL), the leading designer, builder, owner, and operator of wholesale fibre optic infrastructure enabling gigabit connectivity in UK towns and cities, is pleased to announce the signing of a long term national framework agreement with mobile network operators EE and Three UK, along with their infrastructure joint venture, Mobile Broadband Network Limited ("MBNL").

The framework agreement will see CityFibre deploy the UK's first dark fibre backhaul connections to mobile masts (Fibre-to-the-Tower, or "FTTT") across both operators' networks, improving network performance capabilities as well as offering long term cost efficiency. It also marks the expansion of critically needed diversity in the mobile operators' supply chains.
Posted at 29/9/2014 08:22 by jans3
Interim results look good.

For immediate release
29 September 2014


CITYFIBRE INFRASTRUCTURE HOLDINGS PLC
('CityFibre' or the 'Group' or the 'Company')

UNAUDITED HALF YEAR RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2014

CityFibre Infrastructure Holdings Plc (AIM: CFHL), the leading designer, builder, owner, and operator of wholesale fibre optic infrastructure enabling gigabit connectivity in UK towns and cities, is pleased to report half year results for the Group for the period ended 30 June 2014.


Financial Highlights:

· First half results ahead of expectations at the IPO;
· Revenue increased 45.6% to £1.3m, driven by new projects and incremental contract growth on existing assets;
· Gross profit increased 49.3% to £1.0m, with margin expansion from 80% to 82%, reflecting high operating leverage of passive fibre network assets;
· Adjusted EBITDA loss of £2.0m, reflecting increased activity connected to new city wins;
· Acquisition of property, plant and equipment of £2.1m, up from £0.4m in H1 2013;
· Strong balance sheet following successful IPO and oversubscribed secondary placing raising £46.5m before expenses from institutional investors;
· Cash balance at period end of £37.2m


Operating Highlights:

· Signed a landmark joint venture agreement ("JV") with BSkyB ("Sky") and TalkTalk on 15 April 2014 to deploy a trial city-wide Fibre-to-the-Home (FTTH)/Fibre-to-the-Premises (FTTP) network in York and appointed Fujitsu as build partner;
· Acquisition of Coventry Metro Area Network asset closed on 3 June 2014, adding over 300 connected customer sites and 62% additional fibre footprint to the CityFibre portfolio;
· Connected customer sites up 76%, to 817 as at 30 June 2014 from 465 in December 2013. Reseller and service providers on-net up to 16 from two at the start of the year;
· Post period end city wins in Kirklees and Aberdeen, full year target of three new city wins achieved to date;
· CityFibre's pro forma fibre footprint (assuming successful completion of in-progress projects in Peterborough, Kirklees, and Aberdeen) will exceed 680 route kilometres of local access fibre and connect over 1,200 customer sites when complete. This expanded footprint will represent an addressable market of over 2,400 public sector sites, 1,200 cell sites, 40,000 businesses and 600,000 homes;
· Strong momentum expected to continue for the remainder of the year, particularly with regard to new city wins and further commercialization of existing assets.







Greg Mesch, CEO of CityFibre, commented:

"We entered this year with the objective of securing a strong capital base and delivering key projects across all our core market areas. We are on track to deliver on all of our objectives. We have raised £46.5m from institutional investors, secured three new city wide fibre based anchor projects, and are on schedule and on budget with the Peterborough deployment, where business pre-registrations have vastly exceeded our expectations.

"Moreover, the developments in the first six months of the year underline our expanding range of methods for anchoring new city wide fibre networks - via acquisition, partnering with Public Service Network (PSN) framework suppliers, and aggregation of business segment demand via local ISPs. And of course we are delighted to be in a FTTH/FTTP trial agreement with Sky and TalkTalk and in the first phase of the deployment in the trial on our existing asset in York, which we believe further validates our shared infrastructure model.

"We are pleased with the ongoing progress which these results and the recent announcements illustrate. Not only has the Company exceeded expectations of contract wins set at the time of the IPO in January, but we have also already attained the revised full year growth expectations set at the secondary placing in May. Our four key market segments of public sector, mobile, business and consumers remain robust as consumers of fibre and we are extremely pleased with the progress across all these market segments."
Posted at 03/9/2014 08:07 by jans3
Rns out. More good news. Can't believe this price.


For immediate release

3 September 2014



CityFibre Infrastructure Holdings plc

("CityFibre" or the "Company")

CityFibre selects Aberdeen as next Gigabit City

New city network anchoring approach focused on business segment demand aggregation, in collaboration with local partner Internet For Business (IFB)

CityFibre (AIM: CFHL), the UK's leading designer, builder, owner and operator of fibre optic infrastructure, is pleased to announce it has signed an agreement with Scotland-based ICT service provider Internet For Business ("IFB"), to deploy a gigabit-capable dark fibre network throughout Aberdeen, as the first step in the company's plan to establish Aberdeen as Scotland's first Gigabit City.

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