Major companies, including Discovery and Fidelity ADT, have banded together to save the Sigfox internet of things network in South Africa.
South Africa, including Discovery and Fidelity ADT, have banded together to save the Sigfox internet of things network in South Africa.on Sigfox operator SqwidNet, citing weak customer demand. Founded seven years ago under CIVH subsidiary Dark Fibre Africa, the difficulties at SqwidNet came as a shock to its customers, including Discovery Insure and ADT, that had come to rely heavily on the nationwide Sigfox network.
The Covid-19 pandemic and associated lockdowns resulted in depressed commercial activity in the economy, which worsened the problems at SqwidNet. “It’s now even more difficult to get the kind of adoption rates and revenue levels required,” Ndlovu said at the time. Without strong customer buy-in, CIVH would not be able to keep the business – and the network – running, he warned.has remained a shareholder in the newly created Sigfox South Africa, along with investors.
Ndlovu said the Sigfox network in South Africa could not be allowed to fail considering its importance to many corporate customers. “We completely understood the impact and importance this network had throughout the country.”
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