CityFibre could expand fibre rollout to 10m UK premises

Optical fiber

CityFibre could expand its full fibre rollout to 10 million homes and businesses across the UK if it completes the sale of a 30% stake in the company to a private equity firm.

The company’s two major shareholders – Wall Street Infrastructure Partners and Antin Infrastructure Partners – control 70% of the company but according to The Mail on Sunday¸ CityFibre is nearing a sale of the remaining 20% for £1 billion.