Record month for flagship fibre optic network

Operator of fibre optic infrastructure CityFibre said its flagship York CORE network enjoyed a record month for new sales in June 2015.

In total, the company signed contracts covering 70 new connections during the month, for a total contract value of £527,000.

The new connections span a diverse range of sites, including public safety - school security and traffic enforcement CCTV, business and data centre connectivity, and landmark public sector amenities such as the York Theatre Royal and the York Eco Business Centre.

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The latest additions to the network take the incremental total contract value added to the York project to £3.4m, an increase of 79 per cent over the initial anchor contract.

Greg Mesch, chief executive of CityFibre, said: “These latest sales figures from York are a great validation of the ongoing demand for fibre connectivity to every conceivable category of end user under our Gigabit City model.

“We started out under the York anchor contract with just 105 connected sites, and this latest set of connections will take us to 348 across the city, or roughly three connections per kilometer of network. This is well ahead of international benchmarks and underlines the strength of our shared infrastructure model.

“Moreover, the financial metrics of new business remain strong, in line with our long-term strategy of delivering high returns on incremental capital deployed.”