Cityfibre Share Discussion Threads

[edwardt] 02/1/2015 14:18

visacard - good question - i suspect it is not positive news but given today's share price move, this has probably been tipped somewhere??

[visacard] 19/12/2014 07:45

Any thoughts on how the purchase of ee by bt will affect the recent contract ? I would hope that it is upheld but I fear bt will restrict the potential here.

[edwardt] 28/11/2014 16:50

nice to see odey on board. also interesting what is going on at bt

[edwardt] 13/11/2014 17:09

suspect there will be a bit of a stampede to get the £3k subsidy??

[jans3] 13/11/2014 14:08

CityFibre Shares Jump After Fiber Deal With EE, Three
Print
Alert
Cityfibre (LSE:CFHL)
Intraday Stock Chart
Today : Thursday 13 November 2014


By Rory Gallivan

LONDON--Shares in CityFibre Infrastructure Holdings PLC (CFHL.LN) rose 14.3% after it announced a deal to help mobile telecommunications companies back up their networks by connecting phone masts to underground fibre infrastructure, reducing their dependence on BT Group PLC (BT.A.LN).

CityFibre, a U.K.-based internet fibre provider didn't disclose any financial terms of the deal on Thursday, but said it would help EE, a joint venture between Deutsche Telekom AG (DTE.XE) and Orange (ORA.FR), and Three improve the performance of their mobile networks.

The agreement is already being implemented in Hull and CityFibre anticipates extending it to other U.K. cities, it said.

While mobile operators provide their customers with telephone and Internet connections using satellites and masts, they also back up this infrastructure using underground infrastructure that in the U.K. is typically provided by BT, the former state telecoms company.

CityFibre said on Thursday that its deal with EE and Three, the first of its kind in the U.K., gives them "critically needed diversity in (their) supply chains."

Andrew Darley, an analyst at finnCap, earlier this year highlighted the potential for CityFibre to work with mobile network operators, noting that they are "typically beholden to BT for their onward traffic carriage from their masts/ base stations."

CityFibre has already begun helping non-mobile focused telecoms companies reduce their dependence on BT, signing an agreement to help British Sky Broadcasting Group PLC (BSY.LN) and TalkTalk Telecom Group PLC (TALK.LN) provide high speed broadband services in York, without having to use BT's infrastructure.

Analysts at Barclays also think that CityFibre could benefit from mobile operators like EE and Three deciding to offer customers fixed-line services, rather than just using underground infrastructure to back up their mobile networks.

[edwardt] 13/11/2014 12:25

first glance it looks pretty trasnformational, anyone got any more informed views. glad i held onto my position!

[edwardt] 13/11/2014 11:05

wakey wakey-- share price coming out of its slumber. need to understand more detail on this ee deal.

[mirandaj] 13/11/2014 10:51

From yesterday:

"CityFibre, the UK-listed fibre telecoms group, will step up its challenge to BT with a deal to provide connections to mobile masts owned by two of the UK’s network operators.

The company will on Thursday announce a long-term national agreement with EE and Three UK, the largest and smallest UK operators respectively, which will provide so-called “backhaul connections” to masts."

[monty9] 13/11/2014 09:38

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.

[jans3] 13/11/2014 08:14

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.

[rambutan2] 12/11/2014 02:19

From TALK's interims out yesterday...

We have made good progress on our fibre to the premise joint venture in York. Fujitsu has been appointed as the infrastructure contractor and we commenced the first phase of digging to build the network out from our points of presence to our cabinets two weeks ago. We are on track to start connecting customers to our Ultrafast product in York next year. We are excited about bringing affordable 1Gig services to consumers and businesses in York and should the trial be successful, we see the potential to build a pure fibre network to 10 million households.

[jans3] 29/9/2014 08:22

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."

[mirandaj] 03/9/2014 08:15

The UK’s alternative superfast network operator market looks buoyant with new investment flowing in from a variety of sources, and new relationships being built between network operators and service providers. These are the findings from a new report reviewing the past six months in country’s superfast broadband sector.

“There is a real buzz in UK superfast broadband with prospects looking good for several of the country’s alternative network operators,” says Annelise Berendt, Principal Associate at Point Topic, which has been covering superfast broadband since 2009. “Although the period has been marked by final closure of one of the country’s alternative network pioneers, Digital Region, several other altnets are proving themselves in it for the long haul, gaining financial backing to power expansion of their networks and develop scale in their relative niche markets. Some are also growing strategic relationships with other players that effectively bypass reliance on BT.”

Operators attracting new investors in recent months include Ask4, CityFibre, Gigaclear and Hyperoptic. Urban-focused CityFibre plans to roll out ‘Gigabit Cities’ throughout the UK after an oversubscribed £30 million secondary fundraising was approved by its board on 9 June 2014. This latest funding round added to £16.5 million the company raised at its IPO in January 2014.

[jans3] 03/9/2014 08:07

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.

[teleprompter] 21/7/2014 10:50

Recent capital raising
In a separate statement Friday, CityFibre said it has conditionally raised GBP30.0 million before expenses in a oversubscribed share placing with new and existing institutional investors, funds it said it will use to accelerate its pipeline of commercial opportunities, and its joint venture with BSkyB and TalkTalk. The group said it has two contracts progressing to the negotiation stage, and is in active discussions with 25 other city councils to acquire or build a city network.

CityFibre said finnCap and Liberum placed 42.9 million shares priced at 70 pence each. It said the funds will be used to deliver on its pipeline of projects, including delivering Fibre to the Home with BSkyB and TalkTalk. CityFibre shares were trading 0.7% lower Friday morning at 76.50 pence per share.
The placing was led by finnCap and Liberum, who were acting as joint brokers.(Source: Alliance news 23 May 2014)

[dlku] 21/7/2014 08:07

guys, isnt the cash running too low for comfort

[lingy] 09/7/2014 09:43

just bought 1353 shares again showing as a sell.

[lozler] 18/6/2014 21:40

Just to confirm my buy today came up as a sell

[teleprompter] 17/6/2014 09:54

The importance of the Upload function
"We recognise that uploading is often a bigger problem for businesses than downloading. Companies frequently leave large files to upload overnight to avoid choking their connection during the working day. Plenty of people even take files home to upload over their personal residential connection. That's no way to work! Unlike traditional broadband networks, we focus as much on upload speeds as we do on download speeds. Our pure fibre network enables us to offer symmetrical speed services, meaning your data can travel as fast upstream as it can downstream. This is simply not a possibility over older generation networks. Don't forget that when we say symmetrical speeds we're also talking gigabit speeds – 1000Mbps in both directions – something most businesses can barely imagine." (Source: Business Benefits - Coventrycore.com)