Hexatronic Strikes a Supply Deal with CityFibre for providing fiber optic solutions
The UK division of Swedish fiber optic solution provider Hexatronic Group AB has entered into a supply agreement with CityFibre to provide fiber optic passive products. The Hexatonic UK Ltd., which is a wholly owned subsidiary of Hexatronic Group AB, will supply passive fiber optic solutions including fiber optic cables, micro duct, connection boxes and aerial nodes to the fiber optic infrastructure builders engaged in building CityFibre’s network
Hexatronic’s products will be used by CityFibre as the provider rolls out its city-wide, full fiber networks to five million UK homes by 2025.
An official press release at Hexatronic group’s website says that the agreement has an approximate value of GBP40milion for the supply of components in the deployment of the first one million homes in CityFibre’s roll-out.
The agreement has an approximate value of GBP40million for the supply of components. These components will be deployed in the first one million homes that CityFibre will connect with fiber as per its plans. It follows a letter of intent, signed with CityFibre last year, worth approximately GBP6million with the first shipments already delivered.
Director of Operations at CityFibre, Mr. John Franklin;
“We selected Hexatronic after a significant market assessment with a wide range of suppliers of passive equipment. The quality of their solutions, coupled with their willingness to work closely with us on design refinement, identified them as a perfect partner. We look forward to a long and successful partnership and are confident of their full support as we build Britain’s full fiber future”
Hexatronic´s Chief Executive Officer, Mr. Henrik Larsson Lyon;
“We are delighted to have become a strategic supplier to such a dynamic business at such an exciting time. We have been working closely with CityFibre on the development of passive infrastructure solutions that can help drive efficiency in their build programme. Our market-leading FTTH products are characterized by being quick and easy to install, and we support our customers with local field support and training facilities. This partnership with CityFibre is a key milestone for Hexatronic and serves to significantly strengthen our position within the rapidly expanding UK market”
CityFibre is the UK’s leading alternative provider of wholesale full fiber network infrastructure. With major fiber infrastructure projects across 51 towns and cities throughout the UK, CityFibre provides a portfolio of active and dark fiber optic services to its customers which include service integrators, enterprise and consumer service providers, local authorities and mobile operators.
CityFibre has recently partnered with Vodafone to bring ultrafast Gigabit-capable full fiber optic broadband to up to one million UK homes and businesses by 2021 and is targeting five million by 2025. This commitment has been reinforced by a £2.5bn investment programme which identifies 37 towns and cities which are primed for FTTP expansion. CityFibre is based in London, United Kingdom, and is privately owned by a consortium of Antin Infrastructure Partners and West Street Infrastructure Partners.
Hexatronic Group AB (publ) is a group that develops, markets and delivers products, components and system solutions with the main focus on the fiber optic market. Hexatronic offers a wide range of innovative system and product solutions mainly for passive fiber optic infrastructure with global trademarks like Ribbonet®, Micronet™, Drytech™, Lightmate®, FibreHub™, Matrix, Viper, Stingray, Raptor, InOne, and Wistom®. The Group has its headquarters in Gothenburg, Sweden and has sales offices and/or subsidiaries in Sweden, Norway, Finland, United Kingdom, Germany, China, New Zealand, and the US.