CityFibre raises £500m for UK gigabit rollout
CityFibre has announced an aggressive expansion of its network plans, saying that starting next year it hopes to build out a network covering local authorities, 50,000 businesses, and a million homes. The company has appointed Macquarie Capital as advisor in the capital raisings that will be needed to create its network. …
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The digital divide widens
Sitting on a Market 1 exchange - wondering if this fiber will ever get outside the city centres.
I can't blame the company - they're not a charity.
Does anyone know the detail of this rollout? Will Cityfibre be obliged to include a certain percentage of rural homes in the rollout as condition of whatever authority awards them permission to do this?
It's not a lot, but at least it would be a move in the right direction.
One other question. If Cityfibre goes bust, where does this leave the users?
Perhaps a "radical" idea might be
To promise a *level* of bandwidth and *deliver* it.
Not the "Users of Scumline Broadband can expect speeds of up to 10 Terabits a second* on our premium service*" BS
*When on a line with no contention at 3am on a Wednesday morning for a bout 5 secs, if you're less than 4 streets away from the exchange.
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