Almost on the verge of near collapse early this year, BusyInternet, one of the key players and pioneers in the provision of internet services in Ghana, can now breathe a sigh of relief, as a new strategic investor is near closing deals for fund to inject a new lease of life into the company.
The company with about 100 staffs had earlier been dealing with situation of unpaid salaries and payments to suppliers and vendors
After significant investments in infrastructure and operations by Afrimax, they could not sustain the company any further and sold their stake to A I Technologies.
The new investors, A I Technologies lead by their new MD Amit Gaur and the existing management team is gradually and steadily steering the Busy Internet out of the quagmire of loss of revenue and lack of funding through their pragmatic intervention and creative approach in such a competitive industry.
In a brief interview with The New Crusading Guide Newspaper, to react to our earlier publication which he said appeared to have put the company in a bad light, the MD Amit stated that contrary to the negative publicity, him team has rather used the short period after take-over to steadily turn things around, and has complete confidence and trust in the management and the staff as a team.
He said, ‘ we completely understand the situation and empathise with staff and understand their pain and grievances . But very soon, this all will be over, as we are at the very last stage of our fund raising process and expect to see resolution of the issues, in the coming weeks.’
The MD indicated that the company is on its way back on track, and believes the new investors will bring a lot of strategic value going forward and contribute to the Ghanaian economy in a significant way.