Hi-Tech Wireless

Middelburg, South Africa Founded: 2010 • Age: 16 yrs Acquired By HeroTel
IP networking equipment and internet services are provided online.

About Hi-Tech Wireless

Hi-Tech Wireless is a company based in Middelburg (South Africa) founded in 2010 by Jannie Venter, Hannes Venter, and Wimpie Venter was acquired by HeroTel in October 2017.. Hi-Tech Wireless offers products and services including Hero Fibre Internet, Wireless Internet, and Prepaid Products. Hi-Tech Wireless operates in a competitive market with competitors including Italtel, Genband, Acme Packet, Starent Networks and Mapletree Networks, among others.

  • Headquarter Middelburg, South Africa
  • Founders Jannie Venter, Hannes Venter, Wimpie Venter
  • Sectors
    Telecommunications
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Telecommunications → Telecommunications Infrastructure & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    HeroTel

    (Oct 11, 2017)

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Products & Services of Hi-Tech Wireless

Hi-Tech Wireless offers a comprehensive portfolio of products and services, including Hero Fibre Internet, Wireless Internet, and Prepaid Products. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Offers fast uncapped fibre for movies, games, and productivity needs

Provides uncapped wireless connectivity in urban and rural areas

Delivers flexible, on-demand access to super-fast fibre network

Funding Insights of Hi-Tech Wireless

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

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investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in Hi-Tech Wireless

Hi-Tech Wireless has secured backing from 1 investor. Prominent investors backing the company include HeroTel. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Wireless internet services are consolidated via acquisitions in South Africa.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Hi-Tech Wireless

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Hi-Tech Wireless

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Hi-Tech Wireless Comparisons

Employees
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Add Comparison
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Competitors of Hi-Tech Wireless

Hi-Tech Wireless operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Italtel, Genband, Acme Packet, Starent Networks and Mapletree Networks, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Network evolution, cybersecurity, and digital communication solutions are provided.
domain founded_year HQ Location
Unified communication and IP products are provided for network solutions.
domain founded_year HQ Location
Network equipment including SBCs and multiservice gateways is manufactured.
domain founded_year HQ Location
Multimedia core technology is supplied for mobile broadband networks.
domain founded_year HQ Location
VoIP network infrastructure equipment provider
domain founded_year HQ Location
Session management solutions for IP-based services like VoIP are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Hi-Tech Wireless

Frequently Asked Questions about Hi-Tech Wireless

When was Hi-Tech Wireless founded?

Hi-Tech Wireless was founded in 2010.

Where is Hi-Tech Wireless located?

Hi-Tech Wireless is headquartered in Middelburg, South Africa. It is registered at Middelburg, Mpumalanga, South Africa.

What does Hi-Tech Wireless do?

Hi-Tech Wireless was established in 2010 in Middelburg, South Africa, as an online platform in the telecommunications sector. IP networking equipment is supplied through the platform, alongside internet services delivered via fiber optic, wireless, and VOIP technologies. Operations focus on connectivity solutions for users in the region, with co-founders including Jannie Venter, Hannes Venter, and Wimpie Venter overseeing development.

Who are the top competitors of Hi-Tech Wireless?

Hi-Tech Wireless's top competitors include Italtel, Genband and Mapletree Networks.

What products or services does Hi-Tech Wireless offer?

Hi-Tech Wireless offers Hero Fibre Internet, Wireless Internet, and Prepaid Products.

Who are Hi-Tech Wireless's investors?

Hi-Tech Wireless has 1 investor. Key investors include HeroTel.

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