VeloCom

About VeloCom

VeloCom S.A. operates as a provider of internet and data transmission services within Argentina, functioning as a key subsidiary of the broader technology conglomerate, Grupo Datco. The company was originally founded in 1998 as the Argentinian arm of a U.S. telecommunications firm, VeloCom, which aimed to introduce wireless internet access to the region. Following the global tech market crisis, Grupo Datco, an Argentinian IT and communications firm established in 1981 by Horacio Martínez, acquired VeloCom in 2001. This acquisition was one of the first in a series of strategic purchases by Grupo Datco to expand its technological capabilities and market presence in Latin America.

VeloCom's business model is centered on providing connectivity solutions to a diverse client base, including residential users, small and medium-sized enterprises (SMEs), and professionals. The company generates revenue through monthly subscription fees for its internet plans and charges for installation. Its market strategy involves reaching areas where reliable internet service is often scarce, offering an alternative to traditional cable and telephone-line-based providers. The company's operations are overseen by a General Manager, a role appointed by the parent group to execute business plans focused on growth and market specialization.

The firm delivers broadband internet through a combination of fiber optic and wireless technologies. For its wireless service, VeloCom installs an antenna at the client's premises to connect to the nearest radio base, a method that bypasses the need for physical cable infrastructure and allows for coverage in remote zones. Fiber optic services are available in select areas, providing higher speeds. Service plans vary in download and upload speeds, with offerings tailored to both residential and business needs, including dedicated symmetrical lines for corporate clients requiring constant, high-availability bandwidth. All plans include a router provided on loan, and billing is managed electronically, with various digital and in-person payment options available.