Bespoke solutions to provide internet connectivity
Ikeja is a wireless network provider that uses bespoke solutions to provide internet connectivity to locations that are densely populated but underserved, such as the informal settlements of South Africa. ikeja has developed proprietary hardware and software, which allows for a unique ecosystem, where high penetration hotspot network coverage is built on the back of serving specific customers such as homes and businesses. Ikeja own’s all it’s infrastructure and hardware that it deploys. The IKEJA team were first to market with bespoke network management tools leveraging in-house manufacturing of IKEJA hardware and end user routers. The business currently has >3000 monthly home/business subscribers, and 30000 monthly paying hotspot users with a total network coverage of >100km2. The business is rapidly expanding with offices in Cape Town, Tembisa and Mayfair and monthly revenues in excess of R2m per month, growing at >10% per month.
COVID-19: Increased their FREE allotted time on their hotspot service from 15 minutes to 45 Minutes, Made all the Government’s COVID-19 information websites free on their hotspots and circulated the South African National Department of Health’s Whatsapp number to their database of customers. Taken advantage of the spectrum relief offered by the government and have applied to utilise this spectrum beyond the COVID-19 pandemic. Monthly revenue growth during lockdown >15%