Reading residents can expect £1bn economic boost from CityFibre Full Fibre rollout

04 August, 2022 – A new report commissioned by CityFibre, the UK’s independent carrier-neutral Full Fibre platform, has identified that Reading stands to be a huge beneficiary from the rollout of future-proof Full Fibre infrastructure which is now well underway across the town.    

“Reading residents can expect £1bn economic boost from CityFibre Full Fibre rollout”
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New study identifies over £38bn in economic benefits from CityFibre’s rollout helping to level up the UK

25 April, 2022 – A new report has highlighted the extent to which the delivery of Full Fibre networks by CityFibre, the UK’s independent Full Fibre infrastructure platform, will support the Government’s nationwide levelling-up programme by unlocking economic growth and reducing the digital divide in different areas of the country which currently experience vast differences in both coverage and service quality.

“New study identifies over £38bn in economic benefits from CityFibre’s rollout helping to level up the UK”
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Expected revenue growth stabilises outlook for Europe’s telecoms service providers into 2016, says Moody’s

The outlook for Europe’s telecoms service industry has changed to stable from negative as the companies revenues are expected to grow by 1%-2% in the next 12-18 months as customers increase their demand for broadband and are able to spend more, says Moody’s Investors Service in a report. “Expected revenue growth stabilises outlook for Europe’s telecoms service providers into 2016, says Moody’s”

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2024 international travel boom predicted: Surpassing 2 billion trips

New findings from Kaleido Intelligence predict that international travel trips will exceed pre-pandemic levels in 2024, marking a 3% increase from 2019 and surpassing 2 billion for the second time ever. Outbound travel recovery from China has been slow in 2023 and is expected to take another 12-18 months to return to pre-pandemic levels. Kaleido expects China to drive growth in 2024, with Asia-Pacific markets leading outbound (39%) and inbound (69%) year-over-year (y-o-y) increase. “2024 international travel boom predicted: Surpassing 2 billion trips”

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Close up of caucasian hand with TV remote switching channels while sitting on couch. Young person using technology finding movie to watch and relax after dinner, laying on sofa.

Global Telecom and Pay TV Services spending hits US$1,509 Billion in 2023

Worldwide spending on Telecom Services and Pay TV Services reached $1,509 billion in 2023, an increase of 2.1% over 2022, according to the International Data Corporation (IDC) Worldwide Semiannual Telecom Services Tracker. IDC expects worldwide spending on Telecom and Pay TV services will increase by 1.4% in 2024 and reach a total of $1,530 billion. “Global Telecom and Pay TV Services spending hits US$1,509 Billion in 2023”

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