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Joburg-based fibrePOYNT receives funding to provide internet to townships

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South Africa’s Department of Science and Innovation’s entity The Technology Innovation Agency (TIA) has announced that it is funding the distribution of antenna-based high-speed fixed internet solution for low-income communities.

The innovative and affordable internet solution have been developed by fibrePOYNT, a Johannesburg-based internet company and is being backed by the local Government.

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The innovative and affordable internet solution have been developed by fibrePOYNT, a Johannesburg-based internet company and is being backed by the local Government.

In an official press statement, The Technology Innovation Agency expresses that the innovation solution aims to increase access to the internet for low-income communities.

“The technology not only puts South Africa on the map but responds to the socio-economic challenges and the country’s strategic broadband imperatives; to make internet accessible to everyone irrespective of their socio-economic status and geographic location. Low to middle-income peri-urban and township households can now connect to the internet which was not possible with current technologies.”

FibrePOYNT is currently developing an internet and wireless communication system as an alternative or supplementary to fibre at home or underground or overhead cable technology. This solution will be implemented in local townships to provide cost-effective and easy access to the internet for residents. 

Read more: African money gateway Paystack launches in South Africa
Read more: Female-led investment company Crystal Partners launches in SA

Featured image: Jordan Harrison via Unsplash 

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