Rural Broadband Solutions Plc (formerly SAPO Plc) has made its first foray into the rural broadband space, completing the reverse takeover of Secure Web Services Limited (SWS), a provider of alternative high-speed broadband services to customers within rural areas of Shropshire. This has been accompanied by a £2.5m placing at 2.5p which post the acquisition leaves a cash balance of circa £1.2m to fund network upgrades and expansion (alongside Government voucher schemes) and client acquisition. S ....
