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

4.4More
TypeSubsidiary
HQGreater London, GB
Founded2011
Websitecityfibre.com
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 Online and Social Media Presence

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CityFibre News and Updates

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).

UPDATE 2-UK's CityFibre buys TalkTalk's York fibre network for 200 mln stg

* CityFibre raises target to 8 million premises (Adds CEO comments, detail)

Britain's TalkTalk sells its fiber network to CityFibre for 200 million pounds

British broadband supplier TalkTalk said it had agreed to sell its fiber network, which initially built ultra-fast connections in the northern city of York, to Goldman Sachs-backed CityFibre for 200 million pounds ($260 million).
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CityFibre Blogs

CityFibre’s £14m full fibre Lowestoft project gains momentum as new build partner joins

13 May 2021: Residents in Lowestoft will soon have access to the best digital connectivity available with significant progress being made on the full fibre network rollout in the town. CityFibre is investing £14m to bring full fibre to the town and has been building in Lowestoft since early 2020. Fo…

CityFibre responds to The Queen’s Speech at the State Opening of Parliament

In a response to The Queen’s Speech at the the State Opening of Parliament, Greg Mesch, Chief Executive Officer at CityFibre said: “CityFibre is rapidly rolling out Full Fibre to at least 8m homes, delivering the Government’s ambition to level up through widespread, future proof digital connectivity…

CityFibre gets to work future-proofing Cheltenham’s digital foundations with £30m Full Fibre investment

Work to bring full fibre connectivity within reach of almost every home and business in Cheltenham is officially underway. CityFibre, the UK’s largest independent full fibre platform, has now broken ground on a new infrastructure rollout that will futureproof the town’s digital needs for generations…

Digital boost for Ipswich as CityFibre hits latest milestone in town’s £30m full fibre rollout

People living and working in Ipswich will soon have access to the fastest and most reliable digital connectivity available, now that CityFibre has begun work in a new area of the town. Ipswich is one of a growing number of locations in the UK to benefit from CityFibre’s up to £4bn Gigabit City inves…

HighNet to offer gigabit broadband services in two more Scottish locations

HighNet’s consumer ISP BrawBand to make services available in Glasgow and Renfrewshire Residents will be able to take advantage of the new services later this year Expansion follows the successful launch of BrawBand in Inverness earlier this year CityFibre has announced the expansion of its partners…

Are you in need of a digital detox or digital empowerment?

Even if you haven’t thought about it yourself, you’ve likely heard friends, family or work colleagues say they feel they’re in need of a “digital detox” – in other words, temporarily forgoing digital devices in an attempt to reduce stress levels. Whether it’s disturbed sleep patterns caused by blue …
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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 Lumos Networks.

  • 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.