Unnitel
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Unnitel - overview
Location
Singapore, -, Singapore
Primary Industry
Telecoms
About
Unnitel provides innovative portable WiFi solutions and comprehensive data plans, ensuring travelers enjoy seamless internet connectivity across multiple countries without data expiration. Unnitel specializes in portable WiFi devices and data plans to facilitate internet access for travelers. Founded by David Milroy, the company is headquartered in Singapore. In July 2018, Unnitel raised USD 4 million in venture financing from Belt Road Capital Management.
The company has not reported any pivots in business strategy or additional subsidiaries. Unnitel primarily offers a portable WiFi device along with its accompanying data plan, UnnifiData, which provides seamless internet connectivity for travelers across over 80 countries. The device enables users to easily access high-speed internet by automatically connecting to the fastest available network, serving business professionals and leisure travelers alike. In the most recent fiscal year 2023, Unnitel reported a revenue of USD 4,654,116.
60 and an EBITDA of USD 32,336. 20, indicating a focus on direct-to-consumer sales of their Unnifi device and subscriptions for data plans. With the recent funding of USD 4 million from July 2018, Unnitel plans to enhance its product offerings and expand into new geographic markets. Specific markets targeted for expansion include Europe and North America by the end of 2024.
The funding will be utilized to support the development of new product lines and marketing strategies to reach these new markets.
Current Investors
Belt Road Capital Management
Primary Industry
Telecoms
Sub Industries
Electronic Components, Telecoms Providers & Services, Internet Service Providers
Website
www.unnitel.com
Company Stage
Early Stage
Total Amount Raised
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