Investors are keen to replicate in the US the CityFibre model of a wholesale, nationwide city fibre network operator serving broadband services companies, according to CEO Greg Mesch. He said the recent classification of CityFibre's business as an "investable asset in infrastructure funds" had brought capital flooding in. Mesch denied that a structurally separated Openreach would spell trouble for CityFibre if it adopted the same approach. The company has raised $US1 billion ($A1.26 billion) from investors including Google and Japan's SoftBank. Mesch said if one company could offer consistent, wholesale fibre capacity, it could "light a fire under the market".
Investors are keen to replicate in the US the CityFibre model of a wholesale, nationwide city fibre network operator serving broadband services companies, according to CEO Greg Mesch. He said the recent classification of CityFibre's business as an "investable asset in infrastructure funds" had brought capital flooding in. The company has raised $US1 billion ($A1.26 billion) from investors including Google and Japan's SoftBank. Mesch said if one company could offer consistent, wholesale fibre capacity, it could "light a fire under the market".