CityFibre Holdings Ltd was incorporated in January 2011 as an investment vehicle for the acquisition of i3 Group’s UK subsidiaries: H2O Networks

H2O Networks

H2O Networks is a British Telecommunications company who are currently supposed to be rolling out Fibrecity around the UK. They were formally part of the i3 Group....

 Ltd, Fibrecity Holdings Ltd and Opencity Media Ltd. A builder of passive optical fibre infrastructure, CityFibre Holdings operates in two distinct fibre to the premises (FTTX) markets. Point to point builds and fibre to the home.

Company Background

CityFibre Holdings was incorporated to buy troubled H2O Networks alongside the other UK assets of the i3 Group including Fibrecity Holdings in January 2011. In April 2011, working with KBC Bank, CityFibre concluded the restructure of the business which resulted in H2O Networks being put into administration. KBC Bank owns an option of 5% of CityFibre Holdings.

A builder of passive optical fibre infrastructure, CityFibre operates in two distinct fibre to the premises (FTTX) markets: point to point and fibre to the home infrastructure.

Point to point builds deliver dedicated, high capacity fibre networks operating at Gigabit speeds for local authorities, police forces, healthcare organisations, universities and businesses. Fibrecity builds the passive network to order for the customer to light themselves or it partners with a service provider to deliver lit services.

Products

CityFibre builds dark fibre to the premises (FTTX) infrastructure for telecom, content, media and service providers. It also builds networks for public sector organisations and businesses in the UK. It has three main product areas:

• Point to point networks - CityFibre currently manages over 100 point to point fibre projects under long-term contracts with local authorities, police forces, healthcare organisations and universities.

• Metro fibre optic rings - It operates 8 separate metropolitan rings covering a total population exceeding 2,000,000 people, over 57,000 businesses and more than 300 data centres.

• Fibre to the home (FTTH)

Projects

CityFibre currently manages over 100 point to point fibre projects under long-term contracts with local authorities, police forces, healthcare organisations and universities. It operates 8 separate metropolitan rings covering a total population exceeding 2,000,000 people, over 57,000 businesses and more than 300 data centres.

Bournemouth

CityFibre has recently revealed that it will start work again on the FTTH network in Bournemouth

Bournemouth

Bournemouth is a large coastal resort town in the ceremonial county of Dorset, England. According to the 2001 Census the town has a population of 163,444, making it the largest settlement in Dorset. It is also the largest settlement between Southampton and Plymouth...

(formally Fibrecity) and that by the end of 2011, 20,000 homes will be passed and ready to receive services. It plans to have passed all homes in the town by mid 2013.

York

CityFibre recently completed a fibre optic metro ring in partnership with Pinacl for City of York Council.

Key People

The management team behind CityFibre has experience of building and financing successful fibre-based telecom companies around the world.

Greg Mesch

Greg Mesch, CEO of CityFibre is also Non Executive Director of EuNetworks Group, a public-listed metro based fibre optic operator in 13 major metropolitan markets around Europe.



Mark Collins

Mark Collins, CCO of CityFibre was founder of Equador Consulting, a firm specialising in the development of early stage telecoms companies including Esat Telecom, Versatel Telecom, NTL and Completel.