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€8.6m for Wi-Fi firm

IRISH IT firm Altobridge has inked an €8.6m contract with Intel Capital and International Finance Corporation (IFC).

Altobridge, which provides low-cost broadband to 20 countries, is based in Tralee.

This funding will provide Altobridge with additional capital to accelerate the rollout of its low-capital-cost/low-operational-cost wireless solution.