Fibrazo operates a fiber optic network in Latin America, providing high-speed internet and digital TV services without installation fees or long-term contracts. The company addresses the lack of affordable and reliable internet access in underserved communities, enabling families to engage in online education and digital activities.
Funding
Funding not disclosed
Founders
Product
Problem
Many low-income communities in Latin America lack access to affordable and reliable high-speed internet, hindering opportunities for online education, digital skill development, and access to essential information. Traditional internet service providers often require long-term contracts and charge high installation fees, creating barriers for underserved populations.
Solution
Fibrazo provides fiber optic internet and digital TV services to homes in Latin America, focusing on affordability and accessibility. The company offers a "pay-per-day" model, allowing customers to purchase internet access for as little as $2,500 pesos per day. Fibrazo eliminates installation fees and long-term contracts, providing a flexible and budget-friendly solution for families seeking reliable internet connectivity. They also provide mobile plans that can be bundled with the home internet service.
Target Audience
Fibrazo primarily targets low-income households and communities in Latin America who lack affordable and flexible internet access options.
Features
- Fiber optic network delivering high-speed internet
- Daily, weekly, and monthly prepaid plans
- No installation fees or long-term contracts
- Digital TV service accessible through a dedicated app (+Media) on Smart TVs, mobile devices, and PCs
- Mobile SIM card with data, minutes, and SMS included in bundled packages
- Multiple recharge options, including Nequi, Super Giros, Efecty, and PSE
- Free internet access to connected schools