CityFibre is a provider of wholesale fiber network infrastructure and the builder of Gigabit Cities. The company provides wholesale connectivity to multiple business and consumer service providers, local authorities, and mobile operators.

Employee Rating

4.2
TypeSubsidiary
HQGreater London, GB
Founded2011
Websitecityfibre.com
Cybersecurity ratingFMore
CityFibre was founded in 2011 and is headquartered in Greater London, GB
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Key People/Management at CityFibre

Greg Mesch

Greg Mesch

Founder & Chief Executive Officer
Peter Manning

Peter Manning

Chairman
Terry Hart

Terry Hart

Chief Financial Officer
Simon Holden

Simon Holden

Group Chief Operating Officer and Acting Chief Financial Officer
Elsa Chen

Elsa Chen

Chief Customer Officer
Rob Hamlin

Rob Hamlin

Chief Commercial Officer
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CityFibre Office Locations

CityFibre has an office in Greater London
Greater London, GB (HQ)
15 Bedford St
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CityFibre Financials and Metrics

Summary Metrics

Founding Date

2011

CityFibre Revenue

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CityFibre's revenue was reported to be £2.77 m in FY, 2018
GBPFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

2.1m4.4m3.1m3.0m2.8m

Cost of goods sold

177.0k346.0k335.0k361.0k30.0k

Gross profit

2.0m4.1m2.8m2.6m2.7m

Gross profit Margin, %

92%92%89%88%99%
GBPFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

789.0k731.0k10.8m3.7m1.5m

Accounts Receivable

1.9m458.0k158.0k209.0k33.0k

Inventories

16.0k128.0k

Current Assets

6.3m11.5m36.7m44.1m13.1m
GBPFY, 2014FY, 2015FY, 2017FY, 2018

Cash From Operating Activities

(4.1m)(9.0m)(23.5m)(31.7m)

Cash From Investing Activities

(5.3m)(14.0m)(317.0k)(119.6m)

Cash From Financing Activities

10.1m23.0m16.7m149.1m

Net Change in Cash

735.0k(58.0k)(7.1m)(2.2m)
GBPFY, 2014

Financial Leverage

-1.1 x
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CityFibre Cybersecurity Score

Cybersecurity ratingPremium dataset

F

56/100

SecurityScorecard logo

CityFibre Online and Social Media Presence

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CityFibre News and Updates

CityFibre rallies £1.1bn in bid to muscle in on BT's market share

Challenger broadband firm CityFibre has rallied £1.1bn in fresh capital in its bid to muscle in on BT’s market share. The post Goldman Sachs' CityFibre rallies £1.1bn in bid to muscle in on BT's market share appeared first on CityAM.

Abu Dhabi fund set to take stake in broadband challenger Cityfibre

A group of investors including Abu Dhabi’s sovereign wealth fund is said to be close to taking a stake in The post Abu Dhabi fund set to take stake in broadband challenger Cityfibre appeared first on CityAM.

CityFibre and PQMS expand specialist network construction training partnership

Hexatronic Group AB (publ) 556168-6360

Cityfibre extends full fibre roll-out to 36 more cities

Cityfibre will extend the roll-out of its full fibre network to 36 more towns and cities around the country, with The post Cityfibre extends full fibre roll-out to 36 more cities appeared first on CityAM.

Talktalk hails 'structural advantage' after £200m Cityfibre deal

Talktalk hailed the popularity of higher speed broadband with its consumer and business customers today as it revealed it outperformed [...] The post Talktalk hails 'structural advantage' after £200m Cityfibre deal appeared first on CityAM.

UK's CityFibre buys TalkTalk's York fibre network for 200 million pounds

Britain's TalkTalk has agreed to sell its fibre-to-the-premises (FTPP) network, which has rolled out ultra-fast broadband connections in the northern city of York, to Goldman Sachs-backed CityFibre for 200 million pounds ($260 million).
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CityFibre Blogs

Fibrecast to launch Gigabit-capable broadband services for Dundee residents over CityFibre network

CityFibre, the UK’s largest independent full fibre platform, has announced Fibrecast has joined its full fibre network to deliver Gigabit home broadband services in Dundee. CityFibre is currently engaged in a £40m project to bring its full fibre network within reach of almost every home and business…

CityFibre partners with the University of Edinburgh to encourage learners to pursue careers in data science

CityFibre, the UK’s largest independent full fibre network, has teamed up with the Data Education in Schools project at the University of Edinburgh to create a learning tool that helps school pupils develop skills in data science. Data Education in Schools is part of the DDI Skills Gateway – a £6.9m…

CityFibre’s Inverness Full Fibre network build marks two-year anniversary

Two years after starting its build, CityFibre has now installed a staggering 306km of full fibre optic cables up and down the streets of Inverness as part of its £21m plan to future-proof the city’s digital connectivity. The significant milestone means there is enough full fibre cabling connecting t…

CityFibre celebrates Dewsbury Christmas Lights Switch On with prize giveaway

Visitors at this year’s annual Dewsbury Christmas Lights Switch On will have the chance to win a Nintendo Switch thanks to the event’s lead sponsor, CityFibre, which is currently working in the town to future-proof its digital connectivity. As the UK’s largest independent full fibre broadband platfo…

CityFibre joins CNI in Blackpool to support the area’s digital aspirations

CityFibre, the UK’s largest independent full fibre platform, has joined Cooperative Network Infrastructure (CNI), supported by Blackpool Council.  As a CNI member, CityFibre will be better positioned to collaborate with local stakeholders to ensure residents and businesses get the best possible serv…

CityFibre joins the herd as partner for Edinburgh Zoo’s Giraffe About Town trail

CityFibre, the UK’s largest independent full fibre platform, has partnered with the Royal Zoological Society of Scotland’s (RZSS) Edinburgh Zoo as community outreach partner for the charity’s Giraffe About Town trail. The public art event will see more than 40 eight-foot-tall giraffe sculptures go o…
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CityFibre Frequently Asked Questions

  • When was CityFibre founded?

    CityFibre was founded in 2011.

  • Who are CityFibre key executives?

    CityFibre's key executives are Greg Mesch, Peter Manning and Terry Hart.

  • How many employees does CityFibre have?

    CityFibre has 462 employees.

  • What is CityFibre revenue?

    Latest CityFibre annual revenue is £2.8 m.

  • What is CityFibre revenue per employee?

    Latest CityFibre revenue per employee is £6 k.

  • Who are CityFibre competitors?

    Competitors of CityFibre include Gamma Communications, BT and Masreya For Information Technology & Telecommunications.

  • Where is CityFibre headquarters?

    CityFibre headquarters is located at 15 Bedford St, Greater London.

  • Where are CityFibre offices?

    CityFibre has an office in Greater London.

  • How many offices does CityFibre have?

    CityFibre has 1 office.