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Insider UK
Insider UK
Business
Peter A Walker

Rural broadband rollout secures additional bank backing

The Scottish National Investment Bank has invested a further £20m to help connect 100,000 rural homes to ultrafast fibre broadband.

Lothian Broadband Networks (LBN) will use the additional funding to complete this phase of expansion by the end of 2024.

The bank originally provided cornerstone funding of £20m to LBN in 2021.

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