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…