KUALA LUMPUR, Nov 14 -- Houston-based DHI Telecom has acquired Singapore-based Yogofi, a high-performing startup in advanced mobile Wi-Fi, for global business and leisure travel.
This acquisition allows DHI to gain instant growth in Asia and an ideal synergy with technology, a statement said.
Yogofi operates virtual SIM platforms for more than 16,000 mobile devices with customers, including travel agencies, co-working spaces and global MNCs.
Its top mobile data markets are Europe, Japan, Singapore, the United States (US) and South Korea. The company clinched a space in the TOP100 Startups in Echelon Asia Summit 2019.
“We picked Yogofi for their incredible growth in the Asian mobile data market and their cloud-based virtual SIM platform. Yogofi’s B2C travel agency network in Asia is an ideal fit for our portfolio,” said DHI Telecom chief executive officer, Wallace Davis.
Yogofi is DHI’s fourth strategic acquisition in 12 months. The first being London-based Tep Wireless in Q4 2018, which immediately expanded DHI’s market with the US and UK business and leisure travellers.
DHI Telecom delivers advanced technical solutions in both private and public sectors, including fiber-optic lines, satellite uplinks, mobile Wi-Fi hotspots and commercial Internet. More information at https://www.dhitelecom.com.
-- BERNAMA
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