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Broadband firm G.Network seeks investor connections

Broadband firm G.Network seeks investor connections

Business
An ultrafast broadband provider which targets affluent parts of Central London is hunting a massive funding boost amid a government-led effort to accelerate the rollout of high-speed internet services across the UK.Sky News has learnt that G.Network, which is privately owned, has hired investment bankers from Rothschild to court new backers during the coming months. Sources said on Sunday that G.Network was expected to seek approximately £200m from the sale of new shares, with hundreds of millions of pounds raised from private debt markets.The scale of the likely fundraising underlines the rapacious landgrab taking place among full-fibre broadband providers as they seek to establish their services in an increasingly competitive market.G.Network's planned financing has emerged days after Ci...
Map of brain-to-spinal cord nerve connections offers new hope for repairs

Map of brain-to-spinal cord nerve connections offers new hope for repairs

Health
May 2 (UPI) -- A system that maps critical brain-to-spinal cord nerve connections offers hope for paralyzed people to regain movement in forelimbs, according to a study.Researchers at Cincinnati Children's Hospital Medical Center are working on a process for specific repair strategies for patients that became paralyzed after an injury or disease caused damage to the central nervous system. The research was published this week in the journal Cell Reports."The map described in this study should allow us to explore which corticospinal-spinal interneuron connections are good targets for repair and restoration of voluntary movement," Dr. Yutaka Yoshida, lead investigator in the Division of Developmental Biology at the hospital, said in a press release.He said it will be several years before the...