The one Afrihost founder who left the company

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Greg Wilson,Headline,Myriad Capital

Afrihost cofounder Peter Meintjes is causing ripples in the United States fibre market.

Afrihost cofounder Peter Meintjes is part of a group of investors bringing South African ingenuity to America’s fibre market.

This inspired the three friends to offer much cheaper web hosting services. They launched a domain and web hosting package for only R150 per month. Afrihost’s directors in 2008 : Gian Visser, Peter Meintjes, Greg Payne, Brendan ArmstrongThis success caught the attention of big telecommunication players, among them MTN.

After two years of slow product development and declining service levels, Afrihost’s directors made the call to buy back MTN’s stake in the company.The transaction brought in new shareholders and saw Meintjes leave the company to pursue other interests in the US. Open Fiber has since been renamed Ripple Fiber, with Meintjes serving as Chief Experience Officer and Wilson as CEO.

 

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