Over 30,000 homes and businesses in Eastbourne are now able to access CityFibre’s network, as the provider enters new areas of the town.
![CityFibre](/sites/default/files/styles/news_story_image/public/2023-03/CityFibre%20helmet.jpg?h=024f2ab8&itok=PIEAYRqF)
CityFibre’s £62m investment into Newcastle’s digital infrastructure may unlock £440m in productivity and innovation gains, £97m from a widened workforce, £24m in local authority efficiency savings and £213m in increased housing value.
Technological benefits include £1bn in gross value added (GVA) from 5G services, £297m from the Internet of Things and £185m from Smart City initiatives.
Area Manager Paul Wakefield said: “This report demonstrates just how powerful and essential full fibre is as a catalyst for growth and a platform for innovation and investment.”