On Mobile

Brazil

On Mobile (operating as On Telecom) is a Brazilian telecommunications startup that secured a R$343 million (US$150 million) investment from George Soros's fund to deploy 4G mobile network coverage in underserved areas of São Paulo. The company aims to address the connectivity gap in regions neglected by larger telecom operators by building its own 4G infrastructure. Its primary offering is mobile data services for residents in these forgotten areas. The substantial investment indicates strong investor confidence in its business model and market opportunity.

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