Netomnia, along with ISP sister company YouFibre has completed an additional fundraise of £147.5m in its accordion facility welcoming three new lenders: Barclays, Alpha Bank and Nord/LB.
Mon, 10/10/2022 - 10:47
Rural Broadband Solutions (RBBS) has received a control investment of £75m from Tiger Infrastructure to boost its rural rollout in Shropshire and Wales.
Working via its ISP brand SWS Broadband, RBBS aims to create a fibre network covering around 100,000 small towns that sit entirely in Ofcom’s Area three.
Christopher New, CEO of RBBS, said: "We believe Tiger Infrastructure is a like-minded investor whose expertise and capital will assist us in making RBBS a leader in our niche.”
Keith Harris, Executive Chairman of RBBS, added: “Together, we are well-positioned to assist communities in Shropshire and Wales to solve their immediate and growing requirement for connectivity.”
Pictured: Emil W. Henry, Jr., CEO of Tiger Infrastructure
