Business
Lite Access awarded contract from CityFibre valued at approximately CAD$20 million for fibre rollout to over 28,000 homes in Lowestoft, England
Lite Access awarded contract from CityFibre valued at approximately CAD$20 million for fib...
About this update from Ironman International Ltd.
[{"type":"text","content":"\n\n\n\nLite Access awarded contract from CityFibre valued at approximately CAD$20 million for fibre rollout to over 28,000 homes in Lowestoft, England\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, Oct. 23, 2019\n\n\n\nVANCOUVER, Oct. 23, 2019 /CNW/ - LITE ACCESS TECHNOLOGIES INC. (the \"Company\") (TSXV: 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 CityFibre, the UK's leading alternative provider of wholesale full fibre infrastructure has awarded the Company a contract for fibre-to-the premises (FTTP) installation to over 28,000 homes in Lowestoft, England.  The contract is valued at approximately CAD$20 million over 2 years.\nCityFibre is the UK's third national digital infrastructure platform and already has existing networks in more than 50 towns and cities. As part of the UK government's ambition for national full fibre coverage by 2025, CityFibre is investing £2.5 billion in its Gigabit City investment programme which aims to reach more than five million homes, over 20% of the UK market, by the end of 2025.  Lowestoft is one of 14 Gigabit City projects recently announced as part of a second phase of rollouts, extending CityFibre's reach to over two million homes across 26 towns and cities. CityFibre has commenced detailed network design and Lite Access has been selected as its network construction partner. \nCharles Kitchin, City Manager at CityFibre said: \"We are accelerating into our build programme, offering a real, sustainable and compelling alternative for the construction supply chain in telecoms. Finding the right construction partners to rollout our full fibre network is one of the key elements of making a success of our Gigabit City programme.\" \n\"In Lite Access we believe we have found a partner that has the right blend of experience and expertise to bring ...