Investment Projects, Business Armenia Wimedia going Global | Page 10

Company overview Company description WiMedia is a WiFi advertising company based in Yerevan, Armenia. It was founded in 2015 by Eagma Technologies and Harutyun Nahapetyan. WiMedia started their services in several cafes and then quickly expanded to bigger and bigger capacities. Today the service is covering the most alive WiFi hotspots in Armenia. That includes Zvartnots International Airport, the Metropolitan, several big malls, squares, big universities, long route buses, hundreds of cafes, pubs and restaurants. Wimedia operates in Armenia, Georgia and Spain.      WiMedia has already recorded the following results: 600.000 monthly WiMedia WiFi users 164 WiFi spots including the airport, subway, public transport, squares, cafes, malls, etc. More than 13.5 million of advertisements seen 100+ advertisers including international brands such as Aeroflot, McCann Erickson, JTI, Philip Morris etc. 65% public areas are covered with WiMedia WiFi In Georgia, WiMedia provides its services in various public locations, including animated public areas in Tbilisi, Black Sea beach area, as well as trendy tourist destinations in Borjomi, Bakuriani, Gudauri. In Spain, WiMedia provides its services through a SAS model. The partner successfully collaborates with local ISPs and provides with free WiFi in the most crowded places in Barcelona and Lloret de mar. 10