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Pub-based net access thrown out with the slops

Weak lager, weak business model...

By Julian Goldsmith

Published: 8 October 2001 09:50 BST

Yava, the internet access brainchild of former Mirror Group CEO David Montgomery, is to be wound up despite securing £20m in funding less than a year ago.

According to the Sunday Telegraph, the company is considering handing back the money to shareholders.

Yava specialises in putting internet terminals into pubs and Naafi canteens.

It is expected that up to 50 people will lose their jobs, once the operation is closed down.

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