Welshpool provider's £1.2m broadband funding boost
A £1.2m funding boost will help a mid Wales internet service provider extend the reach of its rural broadband network.
Welshpool-based Xwavia will use the Finance Wales investment to bring superfast broadband to more rural communities across Wales.
The company, which employs 16 staff, is set to launch the first phase of its new network in Conwy next week.
Up to eight new jobs could be created.
The funding will allow the business to grow the capacity, speed and reach of its network by harnessing microwave, fibre-optic, wireless and copper broadband technologies.
Mike Brown, Xwavia's chief executive, said the work would complement BT's plans to roll out superfast broadband in Wales.Superfast Cymru
He added: "We will work on the advice and information provided by BT and the Welsh government to identify areas that don't have superfast broadband and ensure there is no duplication of the service provided by BT."
Conwy is one of the last areas in Wales scheduled to receive superfast broadband under the UK government-funded Superfast Cymru project.
"Currently, many residents and business-owners in Conwy do not have access high speed broadband and this is negatively effecting the local economy," said Mr Brown.
An Ofcom report published in 2013 highlighted that Wales had the lowest proportion of premises in the UK with access to superfast broadband.
According to the report, 48% of premises in Wales had access, compared to a 73% UK average.