The UK’s largest alternative 10Gbps capable Full Fibre (
FTTP / XGS-PON) broadband network,
CityFibre, has today revealed that their network now covers 4.8 million UK premises (4.6m RFS) and revenues grew to £164m (up 36% from £120m last year). But shareholders have also prepared £900m in a “new equity commitment” to help drive future altnet consolidation.