Uniti Secures Multi-million Tech Deal Clears Path for Expansion

Uniti Secures Multi-million Tech Deal Clears Path for Expansion

MEDIA RELEASE

Emerging South Australian wireless Internet company, UNITI Wireless, has attracted the backing of two of the nation’s biggest tech-entrepreneurs, an investment that will lead to more than 150 jobs and millions of dollars injected into the State’s economy in the next five years.

James Spenceley, the founder and Executive Director of the $5bn VOCUS Communications – Australia’s fourth largest telecommunications company, and serial entrepreneur Tony Grist who founded Amcom which later merged with VOCUS, have penned a multi-million dollar deal with the SA-based wireless provider.

UNITI Wireless offers super fast fixed broadband connections to residents and businesses, delivered wirelessly. Customers experience speeds that are as faster than a standard NBN connection at an affordable price providing a legitimate and exciting alternative to NBN that is here today.

The investment will enable UNITI Wireless, which currently has a presence in Adelaide, Waikerie and Melbourne, to realise its national growth plans that include servicing at least 100,000 Australian customers by 2021. It will be used to increase the number of base stations, expand the delivery team and connect the waitlist of customers who have registered their interest on the company’s website.

Co-CEO and Co-Founder of UNITI Wireless, Sasha Baranikov, said the investment was a significant endorsement of not only the company and team, but also of last mile fixed wireless broadband, cementing the technology as part of the future of high-speed Internet for Australians.

“The investment by James and Tony is recognition that UNITI’s product and fixed wireless technology has a strong future in Australia’s broadband market,” she said.

“The technology has evolved to a point where UNITI is now delivering a standard 50Mbps high-speed Internet service right up to 100Mbps premium plan to households and businesses with minimal infrastructure requirements, and best of all, with reliability equivalent to typical fixed line services.”

Supported by the investment, UNITI are now seeking national registrations of interest from customers, as they embark on Australia-wide coverage. Those who are interested in registering for the service can go to www.unitiwireless.com/registermyinterest.

Co-CEO and Co-Founder of UNITI Wireless, Che Metcalfe, said “the incredibly positive feedback and satisfaction of Uniti’s customers has a lot to do with the fact we do not have to pay CVC charges. Uniti’s business model doesn’t have the CVC charges or a tax on usage that NBN retailers must wear, so there is no requirement for us to manage or limit usage. As a result we can deliver the service (and speed) customers are so desperately seeking.”

Che said. “And this is all available now, so consumers don’t have to wait years for infrastructure to arrive at their doorstep. This Investment allows us to fulfil our aim of bridging the digital divide that Australians are experiencing.”

VOCUS Executive Director James Spenceley, speaking on behalf of both himself and Tony, said the investment was based on the success of the company’s rollout to date and the customer satisfaction of the existing users.

“The evolution of fixed wireless, to enable the delivery of 40mbps and 100mbps speeds to households, is one that surprises many people,” he said.

“The unequalled satisfaction of the UNITI users validates their model, and the feedback on the performance from users is simply astonishing. By owning the network end to end UNITI can deliver the performance people want, coupled with the ability to roll it out quickly.”

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