Share forms and prospectus now available on the links at the bottom of this page.
The Launch presentation available from link at bottom of page or watch the full event on this video from Lunar Creative Video (a local company).
B4RN is not raising money from the public purse. Despite government efforts to solve the broadband problem, especially in rural areas, there simply is not enough money to go round at a time of intensive spending cuts and difficult economic growth forecasts. Therefore, B4RN will issue shares, both to local people and businesses, and others who wish to support a potentially life-changing solution to a global problem.
Rural broadband in the UK is often estimated as costing anywhere up to £10,000 per property, and often more. However, that is using the traditional telco (telecommunications company) model; it is not the cost when you harness the skills and determination of a close-knit community such as ours. Our business plan shows that this network model can connect every home, however remote or distant from other properties, for an average of just under £1000. No exceptions.
However, it requires the co-operation of the community to do so, and an understanding that whilst the solution B4RN is bringing to this area is more sophisticated, forward thinking and profitable than any proposal yet seen in the UK, it is down to our hard work, our investment, and our collaboration to ensure that it becomes THE solution.
The advanced and world class network design and business modelling available to B4RN means that with only 50% support from the community, B4RN gets a green light to proceed. With 70% support and take-up, the projections and forecasts improve immeasurably. Currently around 65% of the population that B4RN will connect are using the Internet already through adsl, dialup, satellite or wifi, so the latter is not an unachievable target
Investing in shares is always a risky business.
More info in our presentation (attached document on this page) or in the business plan