What is the story about?
What's Happening?
CityFibre, a major UK alternative network provider, has significantly increased its customer connection rate, nearly doubling the number of new connections in the third quarter of 2025 compared to the previous quarter. The company connected 108,000 customers, up from 58,000 in Q2, bringing its total connections to approximately 730,000. This growth was bolstered by Sky's launch across CityFibre's network. CityFibre's revenue also saw a substantial increase, reaching £43 million in Q3, with adjusted EBITDA rising more than fivefold from the previous year.
Why It's Important?
CityFibre's expansion is crucial for improving broadband infrastructure in the UK, offering competition to established providers and enhancing connectivity for consumers. The increased connection rate reflects growing demand for high-speed internet, which is essential for economic growth and digital innovation. The company's success may encourage further investment in alternative networks, driving improvements in service quality and pricing. This development is particularly significant as the UK seeks to enhance its digital infrastructure to support remote work, education, and digital services.
What's Next?
CityFibre is likely to continue its expansion efforts, potentially increasing its market share and challenging traditional broadband providers. The company's growth may lead to further partnerships and collaborations, enhancing its service offerings and customer reach. As demand for high-speed internet continues to rise, CityFibre's success could influence regulatory and policy decisions regarding broadband infrastructure and competition in the UK.
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