That Fibre Friday Feeling?
How many homes by 2029???
Full fibre broadband to cover 29.6 million homes by 2029 - The FTTH Council Europe has published their 2024 rankings of 39 European countries(EU39) with the strongest take-up and growth of gigabit-capable "full-fibre".
See the data chart here!
Moving onto our next story is CityFibre acquires Reading's LitFibre with view to connect 300,000 premises
The deal is expected to complete in Q2 2024 and will see Newlight Partners become minority shareholders in CityFibre.
Its infrastructure – including passive, active and operational support systems – will now be rapidly integrated into CityFibre’s UK-wide network, a process expected to finish later this year.
Tom Williams and Ben Bresler, co-founders of Lit Fibre, said: “We’re delighted that CityFibre has decided to acquire Lit Fibre, the first in their new targeted acquisition strategy.
Our efficient build model and reputation for excellent quality and service has been recognised by CityFibre, and we’re looking forward to working with them in the coming months to complete the deal.”
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We hope you enjoy the rest of your Friday and have a fantastic weekend!