Small businesses in Cornwall are to be offered a superfast broadband connection through a new venture between remote wi-fi specialist Satellite Solutions Worldwide Group PLC (LON:SAT) teamed up with satellite operator Avanti Communications PLC (LON:AVN).
It will be the will be the first-time Satellite Solutiond has offered off-the-shelf superfast 40 Mbps download and 6 Mbps upload services, currently the fastest satellite broadband speed in Europe.
The £1.2mln initiative is fully funded by the European Regional Development Fund (ERDF) as part of a £9mln superfast Cornwall initiative and aims to bring 1,000 SMEs online over the next three years with superfast 40 Mbps satellite broadband.
The service will be available immediately and delivered via Avanti's HYLAS 2 Ka-band satellite.
Andrew Walwyn, Satellite’s chief executive, said it was a great initiative. “Our model is focused on providing superfast broadband to customers who are suffering due to the 'digital divide'.