UK: CityFibre and BDUK massively renegotiate Project Gigabit subsidies, to reflect market realities

ukiw_cityfibre-BDUK

Source: CityFibre

As CityFibre cancels or shrinks its Project Gigabit commitments, halving the covered premises while increasing the per-property subsidy, BT/Openreach emerges as the dominant beneficiary of government subsidies.

This article includes:

  • Themes: Build costs; Call-off contracts; Commercial rollout; Contract revisions; Fibre wholesale; Hard-to-reach areas; Market consolidation; Merger and acquisition (M&A); Network infrastructure; Open Market Review; Public finances; Subsidies.
  • Events: Project Gigabit.
  • Geographic: Bedfordshire; Buckinghamshire; Cambridgeshire; East Berkshire; East Sussex; England; Hampshire; Hertfordshire; Kent; Leicestershire; London; Milton Keynes; Norfolk; Northamptonshire; Nottinghamshire; Suffolk; UK; Warwickshire; West Lincolnshire; West Sussex.
  • Organisations: BDUK; BT; CityFibre; Community Fibre; Connexin; Netomnia; nexfibre; Openreach; TelcoTitans; TelcoTitans Infrawatch.

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