VANCOUVER — Lite Access Technologies has signed an additional deal with CityFibre, a London, UK-based alternative provider of wholesale full-fibre infrastructure, for a fibre-to-the-premises (FTTP) installation as part of CityFibre’s ₤2.5 billion Gigabit City investment program.
Lite Access’ contract with CityFibre is valued at approximately C$13 million over two years. Lite Access provides micro/narrow trenching technologies, alternate methods of deployment and specialist products that lowers the cost of fibre-optic network deployment for telecommunications operators.
The contract with CityFibre reflects the increasing strength of Lite Access’ business and the company’s commitment to targeting full-fibre infrastructure builds in this sector, the release says.
CityFibre is the UK’s third national digital infrastructure platform and already has existing networks in more than 60 towns and cities. CityFibre is investing ₤2.5 billion in its Gigabit City Investment Programme, which aims to reach more than five million homes and businesses, representing more than 20% of the UK market, by the end of 2025.
