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Fibrecity Holdings
Fibrecity Holdings was formerly owned by i3 Group and was acquired in a Management buyout in January 2011 by CityFibre Holdings Ltd following the collapse of FibreCity's principal lender Total Asset Finance. i3 Group launched Fibrecity Holdings as a new high speed fibre optic infrastructure to be built in the UK and was also promised for overseas cities and metropolitan areas. It was said to provide connection speeds of 100 Mbit/s to homes, SMEs and educational facilities on the network. The network uses 'fibre to the home' (FTTH) technology. The infrastructure build was started by i3 Group in Bournemouth in 2009 and this was to become the UK's first Fibrecity. The next UK Fibrecity was announced to be Dundee where work on installing the infrastructure was reported to have started in summer 2010. i3 Group announced but ceased involvement with a Fibrecity project in Brisbane, Australia. Investigation In the third quarter of 2010, concerns at the financial institution KB ...
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CityFibre
CityFibre is an independent British telecommunications network provider, providing gigabit-capable FTTP broadband across the UK. They are the third-largest network provider in the UK, after Openreach and Virgin Media. It is considered one of the UK's " altnets" (alternative network provider), in reference to being an alternative to Openreach. Overview CityFibre is based in London, and is co-owned by Antin Infrastructure Partners, Goldman Sachs Asset Management, Mubadala Investment Company and Interogo Holding. The company was listed on London's Alternative Investment Market from 2014 to 2018. The company has rapidly expanded across the UK, with a focus of expanding high-speed Internet access in "second-cities", locations that were otherwise neglected by competitors. Prior to CityFibre's investment, for example, the average Internet speed in Milton Keynes was 26.6 Mbps, 17.4 Mbps lower than the national average. Over 35 Internet service providers use CityFibre for th ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Fibrecity Logo
Fibrecity Holdings was formerly owned by i3 Group and was acquired in a Management buyout in January 2011 by CityFibre Holdings Ltd following the collapse of FibreCity's principal lender Total Asset Finance. i3 Group launched Fibrecity Holdings as a new high speed fibre optic infrastructure to be built in the UK and was also promised for overseas cities and metropolitan areas. It was said to provide connection speeds of 100 Mbit/s to homes, SMEs and educational facilities on the network. The network uses 'fibre to the home' (FTTH) technology. The infrastructure build was started by i3 Group in Bournemouth in 2009 and this was to become the UK's first Fibrecity. The next UK Fibrecity was announced to be Dundee where work on installing the infrastructure was reported to have started in summer 2010. i3 Group announced but ceased involvement with a Fibrecity project in Brisbane, Australia. Investigation In the third quarter of 2010, concerns at the financial institution KB ...
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Leeds
Leeds () is a city and the administrative centre of the City of Leeds district in West Yorkshire, England. It is built around the River Aire and is in the eastern foothills of the Pennines. It is also the third-largest settlement (by population) in England, after London and Birmingham. The city was a small manorial borough in the 13th century and a market town in the 16th century. It expanded by becoming a major production centre, including of carbonated water where it was invented in the 1760s, and trading centre (mainly with wool) for the 17th and 18th centuries. It was a major mill town during the Industrial Revolution. It was also known for its flax industry, iron foundries, engineering and printing, as well as shopping, with several surviving Victorian era arcades, such as Kirkgate Market. City status was awarded in 1893, a populous urban centre formed in the following century which absorbed surrounding villages and overtook the nearby York population. It is locate ...
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Regent Street
Regent Street is a major shopping street in the West End of London. It is named after George, the Prince Regent (later George IV) and was laid out under the direction of the architect John Nash and James Burton. It runs from Waterloo Place in St James's at the southern end, through Piccadilly Circus and Oxford Circus, to All Souls Church. From there Langham Place and Portland Place continue the route to Regent's Park. The street's layout was completed in 1825 and was an early example of town planning in England, replacing earlier roads including Swallow Street. Nash and Burton's street layout has survived, although all the original buildings except All Souls Church have been replaced following reconstruction in the late 19th century. The street is known for its flagship retail stores, including Liberty, Hamleys, Jaeger and the Apple Store. The Royal Polytechnic Institution, now the University of Westminster, has been based on Regent Street since 1838. Route Regent Str ...
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Telecommunications
Telecommunication is the transmission of information by various types of technologies over wire, radio, optical, or other electromagnetic systems. It has its origin in the desire of humans for communication over a distance greater than that feasible with the human voice, but with a similar scale of expediency; thus, slow systems (such as postal mail) are excluded from the field. The transmission media in telecommunication have evolved through numerous stages of technology, from beacons and other visual signals (such as smoke signals, semaphore telegraphs, signal flags, and optical heliographs), to electrical cable and electromagnetic radiation, including light. Such transmission paths are often divided into communication channels, which afford the advantages of multiplexing multiple concurrent communication sessions. ''Telecommunication'' is often used in its plural form. Other examples of pre-modern long-distance communication included audio messages, such as coded drumb ...
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Management Buyout
A management buyout (MBO) is a form of acquisition in which a company's existing managers acquire a large part, or all, of the company, whether from a parent company or individual. Management-, and/or leveraged buyout became noted phenomena of 1980s business economics. These so-called MBOs originated in the US, spreading first to the UK and then throughout the rest of Europe. The venture capital industry has played a crucial role in the development of buyouts in Europe, especially in smaller deals in the UK, the Netherlands, and France. Overview Management buyouts are similar in all major legal aspects to any other acquisition of a company. The particular nature of the MBO lies in the position of the buyers as managers of the company and the practical consequences that follow from that. In particular, the due diligence process is likely to be limited as the buyers already have full knowledge of the company available to them. The seller is also unlikely to give any but the most ...
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Optical Fiber
An optical fiber, or optical fibre in Commonwealth English, is a flexible, transparent fiber made by drawing glass (silica) or plastic to a diameter slightly thicker than that of a human hair. Optical fibers are used most often as a means to transmit light between the two ends of the fiber and find wide usage in fiber-optic communications, where they permit transmission over longer distances and at higher bandwidths (data transfer rates) than electrical cables. Fibers are used instead of metal wires because signals travel along them with less loss; in addition, fibers are immune to electromagnetic interference, a problem from which metal wires suffer. Fibers are also used for illumination and imaging, and are often wrapped in bundles so they may be used to carry light into, or images out of confined spaces, as in the case of a fiberscope. Specially designed fibers are also used for a variety of other applications, some of them being fiber optic sensors and fiber lasers. ...
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Fibre To The X
Fiber to the ''x'' (FTTX; also spelled "fibre") or fiber in the loop is a generic term for any broadband network architecture using optical fiber to provide all or part of the local loop used for last mile telecommunications. As fiber optic cables are able to carry much more data than copper cables, especially over long distances, copper telephone networks built in the 20th century are being replaced by fiber. FTTX is a generalization for several configurations of fiber deployment, arranged into two groups: FTTP/FTTH/FTTB (Fiber laid all the way to the premises/home/building) and FTTC/N (fiber laid to the cabinet/node, with copper wires completing the connection). Residential areas already served by balanced pair distribution plant call for a trade-off between cost and capacity. The closer the fiber head, the higher the cost of construction and the higher the channel capacity. In places not served by metallic facilities, little cost is saved by not running fiber to the home ...
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Brisbane
Brisbane ( ) is the capital and most populous city of the states and territories of Australia, Australian state of Queensland, and the list of cities in Australia by population, third-most populous city in Australia and Oceania, with a population of approximately 2.6 million. Brisbane lies at the centre of the South East Queensland metropolitan region, which encompasses a population of around 3.8 million. The Brisbane central business district is situated within a peninsula of the Brisbane River about from its mouth at Moreton Bay, a bay of the Coral Sea. Brisbane is located in the hilly floodplain of the Brisbane River Valley between Moreton Bay and the Taylor Range, Taylor and D'Aguilar Range, D'Aguilar mountain ranges. It sprawls across several local government in Australia, local government areas, most centrally the City of Brisbane, Australia's most populous local government area. The demonym of Brisbane is ''Brisbanite''. The Traditional Owners of the Brisbane a ...
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Bournemouth
Bournemouth () is a coastal resort town in the Bournemouth, Christchurch and Poole council area of Dorset, England. At the 2011 census, the town had a population of 183,491, making it the largest town in Dorset. It is situated on the Southern England, English south coast, equidistant () from Dorchester, Dorset, Dorchester and Southampton. Bournemouth is part of the South East Dorset conurbation, which has a population of 465,000. Before it was founded in 1810 by Lewis Tregonwell, the area was a deserted heathland occasionally visited by fishermen and smugglers. Initially marketed as a health resort, the town received a boost when it appeared in Augustus Granville's 1841 book, ''The Spas of England''. Bournemouth's growth accelerated with the arrival of the railway, and it became a town in 1870. Part of the Historic counties of England, historic county of Hampshire, Bournemouth joined Dorset for administrative purposes following the Local Government Act 1972, reorganisation of l ...
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Dundee
Dundee (; sco, Dundee; gd, Dùn Dè or ) is Scotland's fourth-largest city and the 51st-most-populous built-up area in the United Kingdom. The mid-year population estimate for 2016 was , giving Dundee a population density of 2,478/km2 or 6,420/sq mi, the second-highest in Scotland. It lies within the eastern central Lowlands on the north bank of the Firth of Tay, which feeds into the North Sea. Under the name of Dundee City, it forms one of the 32 council areas used for local government in Scotland. Within the boundaries of the historic county of Angus, the city developed into a burgh in the late 12th century and established itself as an important east coast trading port. Rapid expansion was brought on by the Industrial Revolution, particularly in the 19th century when Dundee was the centre of the global jute industry. This, along with its other major industries, gave Dundee its epithet as the city of "jute, jam and journalism". Today, Dundee is promoted as "One City, ...
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