GOWEX launches service in Brazil through Oi carrier
? GOWEX and Oi bilateral agreement allows users to benefit from their thousands of Wi-Fi points worldwide
? Entering Brazil, a key country for GOWEX, is part of the company?s growth strategy of operating in 300 of the world?s major cities
? Brazil is a great showcase for Wi-Fi due to the 2014 FIFA World Cup and 2016 Olympic Games venue.
Madrid, 26th June 2013 -. GOWEX (GOW-MAB, ALGOW NYSE Alternext, LGWXY- OTCQX), global company leader in creating Smart Cities Wi-Fi (Wireless Smart Cities ?) and Intelligent Wi-Fi on public transport has announced a roaming agreement with the historic Oi Brazilian company, second largest carrier in South America and one of the official partners of the 2014 FIFA World Cup, in order to promote Wi-Fi access in the country during the events that will attract millions of people : the 2014 FIFA World Cup and the 2016 Olympic Games.
Brazil, the best showcase for Wi-Fi over the coming years
Thanks to this bilateral agreement, GOWEX and Oi users will benefit from the thousands of Wi-Fi hotspots that both companies have created around the world. The Oi networks? appeal is even more evident when you consider the millions of visitors are expected in the coming years due to the events hosted in Brazil and the country?s role as an emerging economy of high growth.
The mobile technology penetration in Brazil is extremely important, with a 133.25% increase in February 2013, 263 million active lines and 65.68 million mobile connections .
More than 100.000 hotspots in Brazil
The Oi Wi-Fi network will be extended around the country?s major cities (more than 100.000 hotspots): from Rio de Janeiro to Sao Paulo, Fortaleza or the capital, Brasilia, in the rest of the world and in hotels and airports. Likewise, Oi customers can now enjoy Wi-Fi access in GOWEX main capitals: from Madrid to New York via Buenos Aires, San Francisco, Dublin and Paris, and more than 70 cities around the world. In addition, users can connect to networks of other members of the Gowex Roaming Platform, such as AT & T, PCCW and Deutsche Telekom, among others. Recently the coverage of Oi Wi-Fi Brazil significantly exceeded the number of 100.000 hotspots in the country and is expected to continue with high growth rates in the near future.
Jenaro Garc?a GOWEX, GOWEX CEO, said that "Brazil is a priority for us. Our agreement with Oi allows us to be present in the best world?s showcase in the coming years and we are proud of this relationship with a company as great as Oi ."
About GOWEX (GOW-MAB, ALGOW-NYSE Alternext, LGWXY-OTCQX)
GOWEX has operated in the telecommunications sector for 14 years. It is currently leading the creation of "Wi-Fi Cities," which offers free and premium Wi-Fi connectivity on the street and in means of public transportation. The company is now exporting its innovative business models to many cities in Europe, South America, Asia, and emerging countries.
In 2010, it became the first and only Spanish SMB to make a "dual listing," publicly traded in MAB (GOW) and NYSE-Euronext (ALGOW). The company's total revenue amounted to 114,3 million in 2012. In February 2013, the SEC approved the launch of a program of ADR (American Depositary Receipt), enabling the Group to be also traded in the United States on the OTC market. Effective since March 2013, following the stock split by 5:1, the number of outstanding shares of the company is 72,313,360, maintaining the nominal amount of share capital by 723,133.60?.
With offices in Madrid, Burgos, Buenos Aires, London, San Jos? (Costa Rica), Paris, Shanghai, and Dubai, GOWEX develops a sustainable business model in its Wi-Fi networks, based on the efficient and technical quality of their patented platforms: the Roaming Platform, which allows users to connect freely in all the cities, and the Geolocalization Content and Advertisement Platform, which provides financing business through marketing and advertisement agreements.
In 2011, GOWEX joined the Wireless Broadband Alliance and received a prize for the ?Best Web Company? on Internet Day. In February 2012, Jenaro Garc?a GOWEX CEO received the ?Entrepreneur of the Year Award? by Ernst & Young in the category of "Innovation?
About Oi Wi-Fi
Part of the Oi Group, one of the largest telecom groups in the Brazilian market, Oi WiFi is responsible for providing unlimited Wi-Fi access for Oi customers, offering also access plans to customers from another carriers.
Active member of the Wireless Broadband Alliance (WBA) and the Wi-Fi Alliance, Oi Wi-Fi was founded in 2002, as the first company in Brazil to commercialize wireless internet access through public Hotspots.
Nowadays Oi Wi-Fi manages the largest Wi-Fi network in Brazil, totalizing more than 100.000 Hotspots spread all over the country and millions throughout the world, thanks to Roaming agreements. Elegible customers can enjoy fast and safe access several places such as airports, coffee shops, restaurants, shopping malls, beaches, soccer stadiums and many, many more!
