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Facebook : Wi-Fi Hotspot Launched in Rongai and 100 Other Locations

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03/30/2017 | 12:06pm CEST

Express Wi-Fi by Facebook has officially been launched in Kenya.

The project, which is a collaboration between Facebook and Surf, will provide a fast, affordable public wi-fi hotspot service.

Surf has already rolled out more than 100 Express Wi-Fi hotspots in several communities in the greater metropolitan area of Nairobi including Ongata Rongai, Limuru, Kiserian, Kitengela, Kiambu, Mlolongo, Ngong, Ruaka, Thika and Wangige.

Starting this week, the Express Wi-Fi service will also be available in Kisumu and Mombasa, with many more towns to come

Surf CEO Mark Summer has said Express Wi-Fi will expand the consumers' options for internet access.

"We are honored to be working with Facebook, who powers Express Wi-Fi, and Internet Solutions, formerly Access Kenya, who is our service provider partner enabling us to expand rapidly throughout the country."

The wi-fi hotspots are currently focused in areas where people gather for work, transit or entertainment such as markets, matatu stages and chill spots.

Anyone with a wi-fi capable device can use Express Wi-Fi without switching SIM cards or having a data plan, as long as you can receive a one-time SMS on any device.

Consumers use wi-fi enabled devices to connect through wi-fi, which means people can use most Android and IOS phones, tablets, and even laptops.

Surf is working with local entrepreneurs to host and sell the Express Wi-Fi service. The entrepreneurs offer the service around their locations and customers can purchase a range of packages.

Surf is offering an introductory promotion, where every new customer gets 100MBs every day for 10 days.

In addition, anyone connected to an Express Wi-Fi hotspot can access Facebook Flex and FreeBasics, a collection of websites including content such as news, employment, health, education and local information, for free while connected to the Express Wi-Fi network.

"Express Wi-Fi empowers local entrepreneurs with the tools and technology to start a business to offer internet access to their town or region, while helping their customers connect easily and for an affordable rate," said Uche Ofodile, Regional Head of Africa, Express Wi-Fi by Facebook.

Copyright Capital FM. Distributed by AllAfrica Global Media (allAfrica.com)., source News Service English

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Financials ($)
Sales 2017 37 843 M
EBIT 2017 21 197 M
Net income 2017 12 818 M
Finance 2017 37 114 M
Yield 2017 -
P/E ratio 2017 32,34
P/E ratio 2018 25,17
EV / Sales 2017 9,91x
EV / Sales 2018 7,48x
Capitalization 412 256 M
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Mean consensus OUTPERFORM
Number of Analysts 47
Average target price 160 $
Spread / Average Target 12%
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NameTitle
Mark Elliot Zuckerberg Chairman & Chief Executive Officer
Sheryl Kara Sandberg Chief Operating Officer & Director
David M. Wehner Chief Financial Officer
Michael Todd Schroepfer Chief Technology Officer
Atish Banerjea Chief Information Officer
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