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Stock impact report

Kenya's BRCK Acquires Surf To Become The Biggest Public WiFi Network In Sub-Saharan Africa [Forbes]

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Company Research Source: Forbes
Kenya's BRCK Acquires Surf To Become The Biggest Public WiFi Network In Sub-Saharan Africa BRCK co-founder Erik Hersman demonstrates his SupaBRCK to Facebook CEO Mark Zuckerberg in Nairobi in August 2016. Ushahidi co-founder Juliana Rotich looks on. BRCK, the remarkable Kenyan company bringing internet access to East Africa, has acquired Surf, another internet provider, to become the largest public WiFi network in Sub-Saharan Africa. BRCK was formed in 2013 by some of the co-founders of Ushahidi and Nairobi's iHub as a means of countering Kenya's notorious power failures with a ruggedized portable hotspot, called BRCK v1 Kio Kit By acquiring Surf, which is the second-largest public WiFi provider in Kenya, BRCK aims to "grow faster in fixed WiFi locations," The combined companies will now have over 2,000 public hotspots across Kenya, with 500,000 users a month. "This marks an important moment in BRCK’s journey towards meeting Africa’s unique needs and expanding on the continent’s conne Show less Read more
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