CityFibre sells Lit Fibre ISP to co-founders  

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Lit Fibre customers will be unaffected by the change of ownership  

CityFibre, the UK’s largest independent full-fibre network provider, has sold its ISP subsidiary Lit Fibre consumer internet service back to its co-founders, Tom Williams and Ben Bresler.  

CityFibre, which initially acquired Lit Fibre in May 2024, aims to complete integration of Lit Fibre’s 10Gbps network by year-end, bringing up to 300,000 more premises onto its network. 

As a wholesaler, however, CityFIbre is seemingly uninterested in retaining the company’s ISP unit, hence the sale for an undisclosed sum. 

“Our strategy has always been to be the wholesale provider of choice, building a nationwide, full fibre network that enables all of our partners to access market-leading products, pricing and service and gives consumers a greater choice of full fibre ISPs. We are really pleased to see Lit Fibre continue with its co-founders, who are passionate about the business, and we look forward to continuing to partner with Lit Fibre across our network,” said Greg Mesch, City Fibre CEO in a press release. 

“As the nation’s third digital infrastructure platform, we continue to evaluate potential acquisition opportunities alongside accelerating CityFibre’s build to reach at least 8 million premises across the UK,” he continued. 

Catch CityFibre at next year’s Connected North, 23-24 April in Manchester. Get tickets here! 

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