Analytic released a new report titled “Afrihost – Opportunities and Riskswhich gives an overview of Afrihost’s strengths and weaknesses.
Afrihost was launched as a web hosting company in 1999, offering domain and hosting packages at R150 per month, significantly below the market price at the time.
The company performed moderately well in the retail hosting market, but accelerated its growth after launching its R29 per GB data ADSL products in 2009.
They signed up thousands of customers within weeks and quickly became one of the largest ADSL service providers in South Africa.
Afrihost continued to grow its market share by launching new connectivity products including mobile data, LTE and fiber.
Afrihost has also grown through acquisition. It bought two of South Africa’s leading internet service providers – Axxess and Cool Ideas – in 2011 and 2021, respectively.
Today, Afrihost is one of South Africa’s leading Internet Service Providers (ISPs) with over 400,000 fiber, DSL, LTE, mobile data and hosting subscribers.
The service provider generates over R1.5 billion in revenue annually and has around 500 employees.
The Afrihost – Opportunities and Risks report delves into Afrihost’s outstanding brand awareness, comparative market position, and strengths and weaknesses.
It also highlights growth opportunities for Afrihost and risks that could lead to loss of market share.
The Afrihost report is available for free for Analytico Subscribers.