Daily Mail

STOCK WATCH

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SHARES in broadband infrastruc­ture firm CityFibre nudged up after it secured its biggest public sector project to date.

The £16m deal will see it supply broadband cabling across 506 Glasgow council sites including schools, libraries, leisure centres, arts venues and council offices.

CityFibre said the seven-year contract will be worth around £6.4m, growing to £15.7m if the agreement is extended to 19 years. Shares rose 0.9pc, or 0.5p, to 57.5p as a result.

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