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Mweb - About the company

Mweb is an acquired company based in Cape Town (South Africa), founded in 1997. It operates as a Fixed-line internet service provider. The company has 53 active competitors, including 4 that have exited. Its top competitors include companies like Openserve, SEACOM and Kab.

Company Details

MWEB is South Africa's second-largest ISP to residential customers and SMEs. Its services include ADSL, Fiber, onnectivity solutions SMEs and Wi-Fi hotspots. It enables ADSL customers to turn their home in a Wi-Fi hotspot through a Fon-enabled WiFi Routers. It is part of Multichoice Africa, a subsidiary of Naspers media group.
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Founded Year
1997
Location
Cape Town, South Africa
Stage
Acquired
Investors
Ranked
Employee Count
1,014 as on Sep 30, 2026
Similar Companies
Exit Details
Acquired by Webafrica (Sep 28, 2023)

Mweb's acquisition details

Mweb got acquired by Webafrica on Sep 28, 2023.
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Mweb's funding and investors

Mweb is a funded company. Mweb has 1 institutional investor.

Mweb's founders and board of directors

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Mweb's employee count trend

Mweb has 1,014 employees as of Sep 26. Here is Mweb's employee count trend over the years:
Employee count trend for Mweb
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Mweb's Competitors and alternates

Top competitors of Mweb include Openserve, SEACOM and Kab. Here is the list of Top 10 competitors of Mweb, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Openserve
Openserve
2015, Centurion (South Africa), Unfunded
Provider of internet services for home & business
-
-
57/100
2nd
Logo for SEACOM
SEACOM
2007, Cape Town (South Africa), Acquired
Provider of internet services
-
-
50/100
3rd
Logo for Mweb
Mweb
1997, Cape Town (South Africa), Acquired
Fixed-line internet service provider
-
39/100
4th
Logo for Kab
Kab
2001, Cape Town (South Africa), Public
Provider of broadband internet connectivity and information technology support services
-
-
23/100
5th
Logo for DSL Telecom
DSL Telecom
2009, Somerset West (South Africa), Unfunded
Provider of fiber optic network services for home and business
-
-
22/100
6th
Logo for Comtel Communications
Comtel Communications
2006, Cape Town (South Africa), Unfunded
Provider of internet services for home & business
-
-
22/100
7th
Logo for infogro
infogro
2000, Pretoria (South Africa), Unfunded
Provider of fibre optic internet, wireless network, and VoIP telephony services
-
-
22/100
8th
Logo for Venture-Net
Venture-Net
1994, Port Shepstone (South Africa), Unfunded
Provider of wireless and fiber optic services
-
-
22/100
9th
Logo for LST Com
LST Com
2011, Johannesburg (South Africa), Unfunded
Provider of optical fiber and data communications services
-
-
21/100
10th
Logo for Opentel
Opentel
2019, Randburg (South Africa), Unfunded
Provider of broadband and voip services
-
-
20/100
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Mweb's Investments and acquisitions

Mweb has acquired 2 companies including AFSAT (Afghanistan Faiz Satellite Communication) and Astaga.com. Mweb has not made any investments as of now.

Reports related to Mweb

Here is the latest report on Mweb's sector:

News related to Mweb

lockFilter this list
•
Mweb acquired by WebafricaAdvanced Television•Sep 28, 2023•Mweb, Webafrica
•
Buhari opens emergency power plant in Borno stateNaija247news Media Group•Mar 03, 2023•Mweb
•
Mweb names new executivesTelecompaper•May 09, 2022•Mweb
•
Mweb appoints Mavuso as new MDTelecompaper•Oct 19, 2021•Mweb, Dimension Data
•
Mweb slashes prices for fibre packagesTelecompaper•Aug 02, 2017•Mweb
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