SqwidNet is dead — Long live Sigfox South Africa

It deployed an ultra-narrowband Internet of Things radio network based on Sigfox technology.To save South Africa’s Sigfox network, SqwidNet’s major customers stepped up and bought stakes in the newly-formed Sigfox South Africa.

“We’ve taken past lessons to heart and understood that our customers are loyal and proactive because they appreciate the tangible value Massive IoT creates for them and their customers,” said CIVH Group CEO Raymond Ndlovu.“In the technology sector, you evolve with risks and remain cognisant of relevant, dynamic innovation. This is the ethos of Sigfox South Africa,” Ndlovu said.

It also stated that a restructuring like the one SqwidNet has undergone is not unusual in the IoT market.UnaBiz started as the Sigfox 0G network operators in Singapore and Taiwan.

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Investors rescue Sigfox IoT network in South AfricaMajor companies, including Discovery and Fidelity ADT, have banded together to save the Sigfox internet of things network in South Africa.
Source: TechCentral - 🏆 8. / 71 Read more »

Investors rescue Sigfox IoT network in South AfricaMajor companies, including Discovery and Fidelity ADT, have banded together to save the Sigfox internet of things network in South Africa.
Source: TechCentral - 🏆 8. / 71 Read more »