Somos Internet Analysis

• $50,000 per month (starting price)
• $100,000 per month (starting price)
• Additional $20,000 for TV via Streaming service

• Kaszek
• Nazca
• K50
• Daedalus Ventures
• Matías Muchnick (Angel Investor)
• Pierpaolo Barbieri (Angel Investor)
• Freddy Vega (Angel Investor)

The main competitors of Somos Internet in the Colombian fiber optic internet market include:

1. Movistar:

   • Advantages: Movistar is recognized for having the fastest fixed broadband service in Colombia, with a median download speed of 210.46 Mbps as of Q4 2023. It also leads in upload speeds and overall network performance, making it a strong competitor in terms of speed and reliability.
   • Notable Differences: Movistar offers a more established network with extensive coverage and higher speeds compared to Somos Internet.

2. Claro:

   • Advantages: Claro is one of the largest telecommunications providers in Colombia, offering a wide range of services including internet, mobile, and television. It has a significant market presence and customer base.
   • Notable Differences: Claro's internet speeds are generally lower than Movistar's, with median download speeds around 137.03 Mbps, but it may offer bundled services that appeal to a broader audience.

3. Tigo:

   • Advantages: Tigo provides competitive pricing and various internet packages, appealing to budget-conscious consumers. It also has a strong mobile network presence.
   • Notable Differences: Tigo's median download speed is around 164.77 Mbps, which is lower than Movistar but comparable to Claro. Tigo's focus on customer service and flexible plans can be an advantage over Somos Internet.

Overall, while Somos Internet offers customized plans without permanence clauses and a 30-day free trial, its competitors like Movistar, Claro, and Tigo have established networks, higher speeds, and broader service offerings that may attract different segments of the market.

Subscription-based revenue model with no permanence contracts and free installation services.

Somos Internet primarily focuses on the telecommunications industry, specifically providing high-speed fiber optic internet services in Colombia for both residential and business customers.