daniel heery cybermoor networks
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TRANSCRIPT
Next Generation Access for Alston Moor
COMMUNITY SHARES EVENT
ABOUT CYBERMOOR
Award winning social enterprise focused on delivering broadband in rural areas
10 years track record of delivering services in challenging areas with an experienced team
WHY NEXT GENERATION BROADBAND?
Vital for delivery of services
WILL IT REACH ALSTON MOOR?
66% of the country covered by BT & Virgin
24% supported by government money
Final 10% - basic services
Alston is one of the most sparsely populated Parish in England
PREPARING THE GROUND
Feasibility in 2008
Assessment of Civils costs in 2010 & investment focus group
Link to Nenthead 2011
CYBERMOOR NETWORKS LTD
New co-op which owns infrastructure (masts, fibre cables, etc.)
Sells capacity to ISPs who sell to the customer
Open Network
Community Directors
BROADBAND COVERAGE
Connecting homes and businesses with fibre optic cable
Zone 1 – Alston Centre (£500/property)
Zone 2 - Nenthead (£1,000/property)
Zone 3 – Garrigill (£1250/property)
Zone 4 – Outlying farms (£1,500)
FASCIA MOUNTED CABLE
PRICES
Broadband Services - £20 for a basic service, £35 for superfast (excl VAT).
Connection charge £100 (plus dig where you live in some cases).
Package of low cost calls from the Phone Co-op.
Better value than Sky & BT (£200 saving)
SHARE OFFER
Aiming to raise £100K
£300K already raised from DEFRA funding
Future investments will allow the completion of remaining properties on Alston Moor
COMMUNITY SHARES
Minimum investment £100 (but possible to start with £25 and pay the balance in stages)
Maximum investment £20,000
Shares not transferable but withdrawable – CNL buys them back
1 member 1 vote
Shares must be held for minimum of 3 years
Aiming to pay a dividend of 4%
WHY INVEST?
Incentives - better broadband service
Double your speed
12 months free for investments of £1,000
A digital infrastructure for Alston Moor for the 21st Century
Financial return
Social Return on Investment - Benefits the wider community and businesses
HOW TO INVEST
Read the Offer Document
Decide how much you want to invest
Fill out the form at the back of the Offer Document
Send the form with a cheque to the Cybermoor Office (bank payments also possible)
CONTACT DETAILS
Daniel HeeryProject ManagerCybermoor LtdAlston Town HallAlston CA9 3RF
E-mail [email protected]
Phone 01434 382 808Presentation: www.cybermoor.org