Despite government efforts to solve the broadband problem, especially in rural areas without a commercial solution, 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. Shares are £1, minimum investment is £100. Download the Share application form (or right click and save as) Foundation members take £1500 of shares and get EIS tax return if they are a taxpayer, free connection fee and free 12 months service.
To register for a service please fill in the Registration form click here
A 1000 megabit per second symmetrical (same speeds up as well as down) futureproof fibre to the home connection costs £30 a month, with £150 connection fee. (VAT inclusive)
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.
This network model can connect every home in our parishes, however remote or distant from other properties. Without exceptions.
- More info in our launch presentation (video),
- The B4RN Business Plan,
- Our prospectus – the share offer document Invitation to subscribe for shares
- and in the FAQ and Links on this site.
You do not need to buy shares to take a service from B4RN, but the more people who do the sooner it will be built. B4RN is not raising money from the public purse, thus avoiding regulation and delays.
- Minimum investment is £100 (to reduce administration overheads)
- No matter how many shares you own you have one vote
- Maximum investment is £20,000
- If you invest £500 or over you qualify for EIS tax rebate, so if you are a taxpayer you get 30% of your investment back within the tax year
- If you invest £1500 you get a free connection and a year’s free subscription.
- Shares must be held for 3 year minimum
- Shares cannot be sold or given to anyone else, they can only be sold back to B4RN.
- Other investors outside the area can sponsor a connection
No Comments
Trackbacks/Pingbacks