“The truth is that consumers want faster speeds and lower prices every year. Instead of fighting that demand, WISPs have figured out a way to deliver the goods whilst making a profit. HeroTel has taken the lessons learnt by WISPs to reduce the cost of deploying and operating a telecoms network to a point where it is profitable to provide fast, reliable, affordable broadband to the public.”
HeroTel was formed following the acquisition of Snowball, based in Stellenbosch, and Cloud Connect, based in George, and is funded by an investor consortium including former First National Bank, CEO Michael Jordaan, former Rand Merchant Bank, CEO Mike Pfaff and CIO (Chief Investment Officer) Derek Prout-Jones.
“We are currently integrating our WISPs under a unified network and brand and are scheduled to officially launch HeroTel for consumers on 1 April 2016.”
Knott-Craig will take on the role of Executive Chairman, supported by CEO Corne de Villiers, COO Francois Wessels, CIO (Chief Information Officer) Imel Rautenbach, and CFO Van Zyl Botha. Alan remains CEO of Project Isizwe, a non-profit company which he founded in 2013 that provides free WiFi to poor communities.
Prof John Volmink, chairman of the board of Isizwe confirmed that the board has approved Knott-Craig taking on the role of Chairman of HeroTel and is excited for the benefits that will accrue to Isizwe thanks to a strong commercial partner.
“HeroTel is not about building a telco from scratch. Its about consolidating an existing network of hundreds of wireless broadband entrepreneurs and aligning them with a greater mission: Making it easy to get fast, reliable, affordable broadband.” says Knott-Craig.