TooMuchWifi has more than 400,000 customers in more than 40 communities
The operation recently attracted a blend of debt and equity funding from the Mineworkers Investment Company , which has taken up a 25% stake in the business, as well as global impact investors Bamboo Capital Partners and others, to scale up operations and bolster its executive team.
TooMuchWifi has a presence in more than 40 communities, and has over 400,000 customers, growing at a monthly rate of 10%. A former Rocket Internet executive and venture capitalist, Brown explains how the company’s business model works; problems with internet affordability in SA; actions needed to increase access in poorer communities that often don’t receive much investment from internet providers; and plans for growth in the Western Cape.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Saudi-Iran détente a setback for Israel’s efforts to isolate TehranChina brokers deal between the top Sunni and Shiite Muslim powers to restore ties
Read more »
SA's visa crisis jeopardises internationalisation efforts of universities, businesses | The CitizenVisa chaos: Skilled labour, students and visitors on business, and tourists, are being held up by a failing administration and bureaucracy. Full opinion here ➡️
Read more »
Podcast | Books & Beverages: Author Denis Hirson dives into his Thirty-Minute Bar Mitzvah | City PressAuthor Denis Hirson is back in South Africa for a visit from France, which he has called home since 1975, to speak about his latest offering – My Thirty-Minute Bar Mitzvah: A Memoir.
Read more »