Telabria secures initial funding round for UK WiMAX network; The regional network operator, developer of the UK's largest WiMAX-class broadband network, appoints new Board members.

0 Comments | M2 Presswire, August, 2005

M2 PRESSWIRE-24 August 2005-Telabria: Telabria secures initial funding round for UK WiMAX network; The regional network operator, developer of the UK's largest WiMAX-class broadband network, appoints new Board members(C)1994-2005 M2 COMMUNICATIONS LTD RDATE:24082005 Sittingbourne, Kent UK.

Telabria, the award-winning UK regional network operator, has secured a first round of funding in excess of GBP1m ($1.8m) from private and institutional sources. The funding will be used to develop the company's WiMAX-class wireless broadband network delivering data and voice services to residential and business customers in South East England. "Telabria has a rapid growth plan," said Charles Blount, Chief Financial Officer. "This round will allow us to expand our wireless...