Network Rail seeks fiber optic network developer in the UK

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Network Rail is seeking a private partner to invest in a trackside fiber optic cable network in the UK. This project will upgrade over 16,000 km of data cables next to the railway lines which carry essential information to running the railway such as signaling for trains, trackside sensors, CCTV, and internet for trains, railway depots and offices. The key goal is to secure the funding necessary for upgrading telecoms infrastructure in an innovative way without relying on subsidies from the government or passengers.

This deal aims to enable performance, safety, and connectivity benefits for passengers, save the taxpayer up to GBP1 billion (US$ 1.39 billion) in costs and support the Government’s objectives to improve connectivity across Britain. 

More information about this business opportunity you can find here. Interested parties can contact Lazard–Network Rail advisers at lazard_reach@lazard.com.

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