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Lite Access Awarded Additional Contract with CityFibre Valued at Approximately CAD$13 Million for FTTP Installation in the UK

Lite Access Awarded Additional Contract with CityFibre Valued at Approximately CAD$13 Mill...

articleIronman International Ltd.January 22, 20204/company/ironman-international-ltd/news/lite-access-awarded-additional-contract-with-cityfibre-valued-at-approximately-caddollar13-million-for-fttp-installation-in-the-uk
Lite Access Awarded Additional Contract with CityFibre Valued at Approximately CAD$13 Million for FTTP Installation in the UK

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[{"type":"text","content":"\n\n\n\nLite Access Awarded Additional Contract with CityFibre Valued at Approximately CAD$13 Million for FTTP Installation in the UK\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Jan. 22, 2020\n\n\n\nVANCOUVER, Jan. 22, 2020 /CNW/ - LITE ACCESS TECHNOLOGIES INC. (the \"Company\") (TSX VENTURE: LTE) (OTC PINK: LTCCF), a world leader in the use of innovative and proven micro/narrow trenching technologies, alternate methods of deployment and specialist products which transform the cost of fibre optic network deployment for telecommunications operators, is pleased to announce that it has been awarded an additional contract with CityFibre, the UK's leading alternative provider of wholesale full fibre infrastructure, for fibre-to-the premises (FTTP) installation as part of CityFibre's £2.5 billion Gigabit City investment programme. The contract is valued at approximately CAD$13 million over 2 years.\n\n \n \n\n \nThe contract reflects the increasing strength of Lite Access' business and the Company's commitment to targeting full fibre infrastructure builds in this sector. Lite Access continues to expand it construction service capabilities and innovative technologies to its clients, specifically with respect to quality and efficiency while maintaining its commitment to safety and compliance.  \nRichard Thorpe, Chief Delivery Officer at CityFibre, said, \"Lite Access represents a refreshing addition to our supply chain. With vision, continuous development and innovative technology and new equipment, Lite Access' primary and sole focus is the deployment of fibre. Their leadership and office staff are totally committed to 100% fibre delivery and are not burdened with the distractions that come with dealing with multiple utilities. Lite Access' engaging approach in managing the interests of CityFibre, the local community and the representing authorities mitigates the impact on residents.\"\nJames Thomas, Director of Supply Chain at CityFibre, commented, \"Lite Access has proven to have the right blend of experience and...

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