The owner of new Rutland and Stamford broadband provider has been forced to sell to company due to 'national security' concerns.

LetterOne, owner of the much-anticipated new broadband provider, Upp, has been forced to sell the company due to alleged links to Russian businessmen.

Upp is a full-fibre broadband provider, bringing its high-speed network to the East of England, with Oakham, Stamford, Bourne and other areas on the list of new locations being serviced by the supplier.

Many broadband providers use a mixture of outdated copper cabling and some fibre wiring. This is known as Fibre To The Cabinet (FTTC). Upp's next level broadband is built using full fibre all the way to your premises (known as FTTP), meaning you don't share your connection with anyone else on your street, and it provides speeds of up to 900Mbps for both downloads and uploads.

Read more about the provider here.

However, the promising young company have come across a major hurdle as Business Secretary Grant Shapps order company owners LetterOne to sell the company.

Following a detailed national security assessment, the Government have confirmed that the Business Secretary has decided to issue a Final Order requiring LetterOne Core Investment to sell its shares in Upp Corporation to prevent against potential national security risks.

The order will also require a full security audit of the Upp network before it is sold on.

Download our Nub News App!

- It’s FREE and available now
- Breaking news notifications
- Your Town in Your Pocket

Upp has customers in Downham Market, Diss, Theford, Woodhall Spa and Horncastle and also had plans to expand to Lincoln, Grantham, King's Lynn, Wisbech, Bourne and Holbeach.

LetterOne denies the threat to national security and has allegedly distanced itself from sanctioned shareholders.