DHI Telecom CEO Wallace Davis has announced the acquisition of Singapore-based Yogofi, a high-performing startup in advanced mobile Wi-Fi for global business and leisure travel, the company said.
Yogofi — founded in January 2018 — operates virtual SIM platforms for more than 16,000 mobile devices. Customers include travel agencies, co-working spaces and global MNCs. Their top five mobile data markets are Europe, Japan, Singapore, the US, and South Korea. With their innovative proposition, they clinched a space in the TOP100 Startups in Echelon Asia Summit 2019. This acquisition allows DHI to gain instant growth in Asia and an ideal synergy with technology.
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 US and UK business and leisure travelers. In June 2019, DHI acquired French-based Travel Wi-Fi, which provides travelers to France and Europe with rentals of portable Wi-Fi with free pickup at Paris-area airports and retail locations. In July, DHI attained Trinus, a Wi-Fi and SIM card telecom company based in Chile with a growing commercial travel business model.
Houston-based DHI Telecom delivers advanced technical solutions in both private and public sectors including fiber-optic lines, satellite uplinks, mobile Wi-Fi hotspots, and the commercial Internet through contracts with the US Department of Defense (DoD), the Army & Air Force Exchange Service (AAFES), and Naval Information Warfare Systems Command.