Feeds

Be secures investment for high speed roll-out

It's for LLU

5 things you didn’t know about cloud backup

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. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
So, Apple won't sell cheap kit? Prepare the iOS garden wall WRECKING BALL
It can throw the low cost race if it looks to the cloud
EE fails to apologise for HUGE T-Mobile outage that hit Brits on Friday
Customer: 'Please change your name to occasionally somewhere'
Time Warner Cable customers SQUEAL as US network goes offline
A rude awakening: North Americans greeted with outage drama
We need less U.S. in our WWW – Euro digital chief Steelie Neelie
EC moves to shift status quo at Internet Governance Forum
EE plonks 4G in UK Prime Minister's backyard
OK, his constituency. Brace yourself for EXTRA #selfies
prev story

Whitepapers

Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Advanced data protection for your virtualized environments
Find a natural fit for optimizing protection for the often resource-constrained data protection process found in virtual environments.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.