The Cisco-affiliated asset managment firm is now the largest external investor in fixed-wireless broadband service WeLink.

US-based fixed-wireless broadband provider WeLink has received $185m in funding from Digital Alpha Advisors, an infrastructure-focused asset manager affiliated with networking technology producer Cisco.

WeLink offers a broadband internet service that utilises fixed-wireless technology, which it claims means it can provide far higher broadband speeds while charging less than competitors.

Kevin Ross, WeLink’s chief executive, said: “More than 77% of US consumers have only one choice of broadband provider when they want internet access speeds faster than 100 Mbps.

“WeLink…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.