Feeds

Be secures investment for high speed roll-out

It's for LLU

Combat fraud and increase customer satisfaction

Be - the upstart broadband ISP that claims to offer punters speeds of up to 24 meg - has received financial backing to help fund the roll-out of its high speed internet service.

The cash, from an outfit called Novator Partners LLP, takes the total known investment in the company to £24.5m although this includes the cash stumped up by Be founders Boris Ivanovic and Dana Pressman.

Novator said it decided to invest in the business because it believes "there is strong demand in the UK broadband market for a 24 meg service".

So far, the ISP has installed its kit in 52 exchanges in London but is looking to expand the service to other densely populated parts of the UK.

With the funding in place Be is looking to unbundle more exchanges in London as well as expanding into Manchester and Birmingham.

Be claims that its LLU investment will enable almost half of the UK population to access its broadband service by the end of the year, although it's not clear whether any further investment will be needed to reach this target.

Earlier this month Be - which refuses to say how many punters it has - launched a pay-as-you-go service starting at £14 a month. ®

Combat fraud and increase customer satisfaction

More from The Register

next story
Virgin Media so, so SORRY for turning spam fire-hose on its punters
Hundreds of emails flood inboxes thanks to gaffe
A black box for your SUITCASE: Now your lost luggage can phone home – quite literally
Breakfast in London, lunch in NYC, and your clothes in Peru
AT&T threatens to pull out of FCC wireless auctions over purchase limits
Company wants ability to buy more spectrum space in auction
Turnbull leaves Australia's broadband blackspots in the dark
New Statement of Expectations to NBN Co offers get-out clauses for blackspot builds
Facebook claims 100 MEEELLION active users in India
Who needs China when you've got the next billion in your sights?
Facebook splats in-app chat, whacks brats into crack yakety-yak app
Jibber-jabbering addicts turfed out just as Zuck warned
Google looks to LTE and Wi-Fi to help it lube YouTube tubes
Bandwidth hogger needs tube embiggenment if it's to succeed
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.