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 52 active competitors, including 4 that have exited. Its top competitors include companies like Openserve, SEACOM and DSL Telecom.
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.
- Website
- www.mweb.co.za/
Key Metrics
Founded Year
1997
Location
Cape Town, South Africa
Stage
Acquired
Investors
Ranked
3rd among 52 active competitors
Employee Count
997 as on May 31, 2026
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.
View details of Mweb's funding rounds and investors
Mweb's founders and board of directors
Founder? Claim ProfileMweb's employee count trend
Mweb has 997 employees as of May 26. Here is Mweb's employee count trend over the years:
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Mweb's Competitors and alternates
Top competitors of Mweb include Openserve, SEACOM and DSL Telecom. Here is the list of Top 10 competitors of Mweb, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Openserve 2015, Centurion (South Africa), Unfunded | Provider of internet services for home & business | - | - | 57/100 |
2nd | SEACOM 2007, Cape Town (South Africa), Acquired | Provider of internet services | - | - | 50/100 |
3rd | Mweb 1997, Cape Town (South Africa), Acquired | Fixed-line internet service provider | - | 39/100 | |
4th | DSL Telecom 2009, Somerset West (South Africa), Unfunded | Provider of fiber optic network services for home and business | - | - | 22/100 |
5th | Comtel Communications 2006, Cape Town (South Africa), Unfunded | Provider of internet services for home & business | - | - | 22/100 |
6th | infogro 2000, Pretoria (South Africa), Unfunded | Provider of fibre optic internet, wireless network, and VoIP telephony services | - | - | 22/100 |
7th | Venture-Net 1994, Port Shepstone (South Africa), Unfunded | Provider of wireless and fiber optic services | - | - | 22/100 |
8th | LST Com 2011, Johannesburg (South Africa), Unfunded | Provider of optical fiber and data communications services | - | - | 21/100 |
9th | Opentel 2019, Randburg (South Africa), Unfunded | Provider of broadband and voip services | - | - | 20/100 |
10th | Kab 2001, Cape Town (South Africa), Public | Provider of broadband internet connectivity and information technology support services | - | - | 20/100 |
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Mweb's Investments and acquisitions
Mweb has made no investments or acquisitions yet.
Reports related to Mweb
Here is the latest report on Mweb's sector:
News related to Mweb
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Tamil Nadu Regulator Allows the Use of Battery Storage for Captive Solar ProjectMercom India•Apr 28, 2023•Dollar, KVR Audio, Mweb
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Webafrica appoints Sean Nourse as new CEOTechCentral•Jun 05, 2020•Webafrica, Internet Solutions, Mweb
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Mweb offers new VoIP service with minute packages and free on-net callsTelecompaper•May 15, 2019•Mweb
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