Vela Technologies #VELA – Rural Broadband Sltn (RBBS) Infrastructure funding and name change October 7, 2022 – Posted in: Blog, Vela Technologies Plc (VELA)

Infrastructure funding complete and name change to Global Connectivity plc  Rural Broadband Solutions Plc (AQSE: RBBS), a provider of high speed broadband to rural areas of Great Britain, announces a proposed investment from Tiger Infrastructure Partners Fund III LP (“Tiger”) into its two operating subsidiaries and a change of name to Global Connectivity plc.      Highlights :   • Tiger agrees to invest up to £75 million in Rural Broadband Solutions Holdings Limited (“RBSHL”), a newly formed company, and will…