A North East rural broadband business is set to accelerate ultrafast connections in the region after securing funding worth more than £10m from investors.
Alncom, based in Alnwick, has received an eight-figure funding boost from strategic investors including Northumberland Estates, to be split with telecom specialist Railsite Telecom, in moves aimed at rapidly expanding its work in Northumberland.
The company offers rural broadband and and IT solutions to off-grid, isolated areas – with successes including Ingram Valley, College Valley, Powburn and Ellingham – using its fleet of off-road vehicles, including a driverless cable plow, which can rapidly install fibre optic cables.
