Kerry communications firm celebrates $12m investment

A Kerry company which specialises in providing mobile broadband to remote locations has secured a $12m (€8.6m) investment from Intel and the investment arm of the World Bank.

Tralee-based Altobridge says the funding will provide additional capital to accelerate the pace of roll-out of its low-cost wireless communications solution, which it says is in demand to meet the wireless communications requirements of remote communities, enterprises and schools of the world’s emerging markets.