Rural Broadband firm runs out of cash
BBC News - Next Genus: Rural broadband firm runs out of cash
The rural broadband firm Next Genus has signalled that it is on the brink of collapse.
On its blog, the company announced that it had failed to find any "viable sources of finance" and would soon cease operations.
The company tried to bring high-speed net services to rural areas by using local champions and private finance.
Rival net firms have stepped in to keep customers connected in some areas, but others have effectively been cut off.