CityFibre has opened its fibre optic infrastructure in Leeds and Bradford. Openreach rivals including CityFibre have been encouraged by Ofcom’s recent ruling that Openreach’s network should be opened up to allow competitors to build their own fibre networks. It made a loss of £6.4 million in 2015 on revenues that rose by more than two-thirds to £6.4 million. The move is likely to increase competition for the £1bn market share of Openreach, which was previously dominated by BT Group (BT), TalkTalk, Virgin Media (Vodafone UK) and EE.
CityFibre has opened its fibre optic infrastructure in Leeds and Bradford. Openreach rivals including CityFibre have been encouraged by Ofcom’s recent ruling that Openreach’s network should be opened up to allow competitors to build their own fibre networks. The move is likely to increase competition for the £1bn market share of Openreach, which was previously dominated by BT Group (BT), TalkTalk, Virgin Media (Vodafone UK) and EE.