- Business
- Jeotex Inc. (DWDZF) provides low-cost Internet connectivity solutions and wireless web access products for emerging markets; the company offers UbiSlate tablet devices, PocketSurfer smartphones, and UbiSurfer netbooks that utilize proprietary server-side data compression and acceleration technology to enable fast browsing on low-bandwidth networks such as GPRS. These products target entry-level consumers in education and basic internet access segments, bundling hardware with recurring services including data plans, content subscriptions, warranties, and advertising revenue streams through partnerships with mobile virtual network operators. Jeotex operates in Canada, the United Kingdom, India, and Nigeria, with a business model emphasizing low hardware margins offset by service-based income from operators like Vodafone, BSNL, Reliance Communications, and Telenor India. Founded in 2001 in Montreal, Quebec, by brothers Suneet and Raja Tuli, and headquartered in Mississauga, Canada, the company formerly operated as DataWind Inc., listing on the Toronto Stock Exchange in 2014 under ticker DW before transferring to the TSX Venture Exchange in 2018. In April 2019, shareholders approved a name change to Jeotex Inc. along with updated CUSIP and ISIN identifiers; the company faced delisting in 2021 and declared bankruptcy on June 10, 2021, marking its most recent major operational shift.