"The company said sales performance from partners continues to accelerate, delivering significant revenue and EBITDA (earnings before interest, taxes, depreciation, and amortisation) growth for the company. For the third quarter, CityFibre posted revenue of £43m, up from £34m a year ago, with an annualised run rate of £172m, up 26% year-on-year. Adjusted third-quarter 2025 EBITDA was £7.6m, more than five times that posted in the same quarter a year ago and now at an annualised run rate of £30m."
"Having completed its 10Gb XGS-PON upgrade ahead of schedule and rolled out a 5.5Gb wholesale product, CityFibre said it was cementing its position as the UK's wholesale provider of choice thanks to its ability to offer internet service provider (ISP) partners "the best economics, the best products and the best service". CityFibre now has around 730,000 customer connections, with growth accelerating across its ISP partners."
"In July 2025, Sky launched across CityFibre's nationwide network, joining an ISP line-up that serves around 50% of the UK broadband market. When the deal was announced in August 2024, Sky Broadband had a customer base of 6.7 million across the UK and Ireland, with services in the UK then delivered by BT's broadband provision division Openreach, making it the second-largest residential provider in the UK after BT itself."
CityFibre connected 108,000 customers in the third quarter, nearly double the 58,000 connected in the previous quarter. Sales from ISP partners accelerated, driving revenue to £43m in Q3 and an annualised run rate of £172m, up 26% year-on-year. Adjusted Q3 2025 EBITDA reached £7.6m, more than five times the prior-year quarter and an annualised run rate of £30m. The company completed a 10Gb XGS-PON upgrade ahead of schedule and launched a 5.5Gb wholesale product. Customer connections total around 730,000. Sky launched on the network and a £2.3bn financing round, including £500m new equity, was agreed.
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