328 karma · joined October 2, 2016
Starlink & Kuiper are a totally different ballgame. Their satellites communicate with each other via FSOC, but the end delivery to the customer is a phased array solution. We're using FSOC as the backbone and overhead fiber to the customer premises.
Although 5G is a few years away in India, spectrum sales haven't started and its unclear whether our telecom companies can even afford it given the level of debt the industry already has. That being said, we're poised to be an enabler of 5G once it does arrive because all those 5G small cells are going to require much more backhaul than they currently have. Less than 30% of the mobile phone towers in India right now have fiber backhaul, that situation is only going to get worse when 5G arrives, so we see it as an opportunity to be a backhaul provider for 5G services.
Starry.com is using millimetre waves in the radio spectrum, whereas we're using lasers. The big difference is in India the 5G spectrum is not for public use as of yet, the big advantage of lasers is that they use unlicensed free space so there's no spectrum charges that apply.
Also, it's worth noting that most ISPs/telcos are manpower and regulations based resource extraction organisations. Their moat is being able to handle local bureaucracy and pump in the heavy capital required to deploy the network. They like to buy and use proven tech that comes with SLAs and support from large tech vendors. They will wait for FSOC to be mature before they do anything meaningful.
We get the largest ROI from FSOC tech simply because we're building the network from scratch and are targeting the low cost market that is currently underserved. Most other ISPs are aiming for the premium market.
In the long run our hope is to lower the cost of the tech enough so that anyone can participate in the ownership and distribution of broadband at a reasonable price. This is the first small step in that direction.
Regarding the use of the word franchisee, we've actually had a really counter-intuitive lesson while selling the PoPs. Initially we always referred to it in financial terms but what we found was that buyers were using the word franchisee themselves and preferred the term. It makes sense if you look at it from an absentee landlord share-cropping view, except in our case, we provide a fully managed service where you don't have to actually do any work.
We've set aside 5 PoPs for people that want to be part of a pool in case the $20k price tag is too high for them. We've just started to see some traction on that, so it'll be interesting to see where it goes.
The fact that we are using FSOC to replace the underground fiber is what creates the 10x in savings. It only takes a few hundred FSOC units to do the job of the fiber as the core network and is much, much cheaper.
I've added a reply further down the page that addresses why we'd like the public to be involved, I'd be happy to elaborate more if you've got more questions.
There are a few reasons why we would like to get the public involved:
1. It's taken 20 years, 13 telecom companies and about $200B to bring mobile internet access to 600 million Indians. Broadband deployment is more expensive than mobile deployment so even napkin math gives you an idea of the magnitude of money and time it will require to truly make a dent in the connectivity of the country. If we can lower the cost of the deployment tech then we will able to lower the cost of ownership and distribution of the tech. This would be a win-win for consumers and investors.
2. A whole lot of the issues that plague the internet today, from the splintering of it into a chinese network, censorship, net neutrality and other issues comes from the fact that it's so expensive to deploy these networks that they fall into the domain of mega-corps or nation states. As a result, control of the internet falls into a few hands and we have an internet that is getting increasingly centralized. If Wifi Dabba can spread ownership of the network then we hope that it will lead to more open internet that is harder to control or shutdown.
3. You're right, we're aiming to raise only $2M from the public - 100 PoPs x $20k each. Not sure where the $13M comes from, if you could point out where you see that number, I'd be happy to rectify it.
4. We've also built a lot of safety elements into the purchase process. We're following Kickstarter-ish rules where you only have to make a $1000 deposit - the remainder to be paid only when we sell all 100 PoPs. Furthermore we offer a 100% refund in the first 12 months should you choose to change your mind at any point.
With regard to people having access via mobile data, you're right, India's made massive strides in 4g for sure. But our on ground experience over the last 3 years has shown us there's a massive appetite for more data so long as it can be provided at a reasonable price. Also, if you're in a dense market or housing area, current mobile signals don't provide good enough coverage and as the mobile networks are already running at 100% capacity there isn't much room for them to improve.
As mentioned elsewhere on the thread, less than 7% of India has broadband access, there's still a large market open for a provider that can offer high speeds at a reasonable price.
- We know from first hand experience that the hype of Jio fiber doesn't reflect on ground reality. We know this because every ISP in Bangalore is a partner of ours. For the last 3 years we have been serving 100s of apartment buildings and tens of thousands of customers using ACT, Hathway, Airtel and Jio's network. We have dozens of instances where none of them can provide connectivity at the edges of the city or dense market areas.
- Our plan doesn't require competing with any of the existing players. Less than 7% of India has broadband access, only 20 million households have broadband access. There's a large open market with room enough for multiple players.
- Our offering to the consumer is also deeply competitive. We're offering gigabit connections with no data caps at one tenth the price of existing providers.
- We're really excited about starlink, but for them to ramp up coverage and then get permission from the Indian government to allow their signals in India and then scale up to being able to provide access to 100s of millions of people is a long way off. Starlink is a great solution, but there are so many people in India that need access that they will be one of many players required in the market.
- The PoPs are meant to be purchased by retail investors, we've sold 35 of them so far. We're offering it as a franchisee agreement for a period of 6 years with a 70-30 revenue share split with minimum guaranteed revenue.
- Regarding the FSOs, we've been serving thousands of live customers for the last 9 months off the FSOs and have greater than 99% uptime through rain, hail and heavy winds. FSO has come a long way in terms of reliability and throughput since the early days. We're using the 1535nm - 1565nm wavelength.
- We've wired thousands of public wifi hotspots as well as large buildings and campuses over the last 3 years and a have a really clear deployment strategy and team in place.
- Yes, the $20k covers the cost of the lasers, deployment, sales and management of the service and customers. We've put in a huge amount of effort over the last 3 years to bring costs down by using a lot commodity components for routers, switches, etc.
- The $20k price point hasn't been much of an issue so far, but happy to hear more feedback on that. We're thinking about setting aside a few PoPs where a group of people can pool money to purchase one. Would love to hear your thoughts on that.
Our master plan is simple: Develop low cost broadband distribution technology. Prove it works by connecting one million people in one city. Once it works, deploy worldwide.
Step 1 done - We have built a low cost network stack and have lowered the cost of deploying a citywide broadband network from $50m to $5m. We use lasers and commodity components thereby avoiding the core expense at the heart of current ISPs - expensive underground fibre and its associated manpower, heavy capex and regulatory pains.
Ready for scale - We've run a beta network with thousands of live customers over the last 9 months and we know the tech works. We're now ready to scale across our hometown of Bengaluru with its population of 11m people and less than 10% broadband penetration.
A killer proposition - We have a killer offering for the customer - 1gbps speed with no data caps at $10/month and a free Wifi Dabba router. This is 10x better and cheaper than anything else on the market. This playbook has been executed successfully in the mobile 4G market in India by Jio, we're applying the same playbook in broadband
Go where no ISP has gone before - We're taking an AWS-like platform approach to our tech stack, our goal is to deliver deep APIs, network integration points, edge-caching and much more. We believe this approach will result in a whole new class of applications and services for users. We want to be the ISP that developers will love.
The ask - This is where you come in HN, buy a piece of our network and help shape the future of the internet. We're offering minimum guaranteed revenue, naming rights to your region and a host of other benefits. There are only 66 of 100 regions available. Each region is $20,000.
We launched on HN 3 years ago and were part of YCW17. We'd love for you to be a part of our moonshot.
Our master plan is simple: Develop low cost broadband distribution technology. Prove it works by connecting one million people in one city. Once it works, deploy worldwide.
Step 1 done - We have built a low cost network stack and have lowered the cost of deploying a citywide broadband network from $50m to $5m. We use lasers and commodity components thereby avoiding the core expense at the heart of current ISPs - expensive underground fibre and its associated manpower, heavy capex and regulatory pains.
Ready for scale - We've run a beta network with thousands of live customers over the last 9 months and we know the tech works. We're now ready to scale across our hometown of Bengaluru with its population of 11m people and less than 10% broadband penetration.
A killer proposition - We have a killer offering for the customer - 1gbps speed with no data caps at $10/month and a free Wifi Dabba router. This is 10x better and cheaper than anything else on the market. This playbook has been executed successfully in the mobile 4G market in India by Jio, we're applying the same playbook in broadband
Go where no ISP has gone before - We're taking an AWS-like platform approach to our tech stack, our goal is to deliver deep APIs, network integration points, edge-caching and much more. We believe this approach will result in a whole new class of applications and services for users. We want to be the ISP that developers will love.
The ask - This is where you come in HN, buy a piece of our network and help shape the future of the internet. We're offering minimum guaranteed revenue, naming rights to your region and a host of other benefits. There are only 70 of 100 regions available. Each region is $20,000.
*edited for clarity
Come and help us build the cheapest and fastest wifi network in India. We've just started hiring our team and you'll be one of the first engineers.
See detailed job descriptions at www.wifidabba.com