What Kwikbit does

Kwikbit Internet Holdings, Inc. is a private fixed wireless internet service provider headquartered in Minneapolis, MN, founded in 2018 with an exclusive focus on serving manufactured home communities. The company uses 60GHz WiGig (802.11ay) fixed wireless technology — branded under its Narrowstack network architecture — to deliver fiber-equivalent 1 Gbps symmetrical speeds via line-of-sight connections between IP67-rated outdoor radios mounted on home exteriors and utility-pole access points, bypassing the cost and time required to trench fiber in low-density, often underserved residential communities. Kwikbit serves a primary customer segment of manufactured home community residents (frequently seniors and low-income households on fixed incomes) and a secondary segment of property owners and management companies that treat internet as an amenity to attract and retain residents.

Kwikbit's core product is a residential internet subscription priced at $50-$59.99 per month depending on the community, with a three-year price guarantee, no data caps, no long-term contracts, free professional installation, complimentary indoor Wi-Fi equipment, a 30-day free trial, and a $250 switching credit. Recurring revenue is generated through two channels: a direct-to-consumer motion (self-serve web sign-up at order.kwikbitinternet.com plus inside sales via 877-594-5248) and a B2B2C motion in which property management partners such as True Star bundle internet into rent. Customer lifecycle operations run on a Gaiia customer portal, with email outreach via Mailerlite, web analytics via Google Analytics, and customer feedback via SurveyMonkey. Marketing is supplemented by a 'Spread the Word' referral program that rewards both referrer and referee with 30 days of free service.

As of 2024, Kwikbit served more than 20,000 mobile homes across over 100 communities in 10 states (California, Arizona, Texas, Florida, Nevada, Colorado, Michigan, Wyoming, Utah, and additional Western states), with a stated goal of 150+ parks by year-end 2024. The company's capital structure has been built primarily on a California Public Utilities Commission grant of over $800,000, a $889,083 California Advanced Series Fund investment in February 2024, and prior rounds in 2015-2017 totaling roughly $4M. Leadership comprises CEO Khurram P. Sheikh, Founder/Chairman Joe Costello, Co-Founder/President/CTO Vladimir Kelman, Co-Founder/VP Marketing & Business Development Kyle Krug, and President (Kwikbit Internet operating unit) Chris Coliandris.

Name

Kwikbit

Legal name

Kwikbit Internet Holdings, Inc.

Website

https://kwikbit.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

Kwikbit is a private Minneapolis-based fixed wireless ISP that uses 60GHz WiGig technology to deliver 1 Gbps symmetrical internet exclusively to manufactured home communities, serving over 20,000 homes across 100+ communities in 10 U.S. states through direct subscriptions and B2B2C property management partnerships.

Ownership category

akta.pro rank

Product category

Fixed Wireless Internet Service

NAICS

Wireless Telecommunications Carriers (except Satellite) (517112), Wired and Wireless Telecommunications (except Satellite) (5171)

SIC

Computer Communications Equipment (3576)

akta.pro primary industry

Fixed Wireless Access (FWA) Broadband Providers (HDAIABAE)

akta.pro secondary industry

Wireless ISPs (WISPs) & Fixed Wireless Access Providers (HDAIADAD)

Keywords

• Fixed wireless internet
• Manufactured home broadband
• Rural broadband service
• WiGig wireless internet
• Residential internet provider

Headquarters

HQ city

Minneapolis

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Infrastructure, Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Monthly Internet Subscription: Recurring monthly subscription model where residents pay $50-$59.99 per month for internet service. Customers are billed monthly via credit/debit card or ACH. The price is guaranteed for three years from activation.
2. B2B2C Rent-Bundled Internet: Partnership model with property owners/management companies (e.g., True Star) where internet is included in monthly rent. Kwikbit bills the property owner or property management company, who then bundles the cost with rent charges to residents.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Kwikbit provides 1 Gigabit per second symmetrical fiber-speed internet to residents of manufactured and mobile home communities using proprietary 60GHz WiGig fixed wireless technology deployed between utility poles and an outdoor radio mounted at each home. The service is delivered on a monthly subscription basis with free professional installation, free indoor Wi-Fi equipment, no long-term contracts, no data caps, and a price guarantee for three years from activation.

Product overview

Kwikbit Internet is a fixed wireless fiber-speed internet service provider exclusively serving manufactured home communities. The core offering is the Kwikbit Internet Service, which provides 1G symmetrical speeds using 60GHz WiGig technology delivered via an outdoor wireless receiver installed on each home. The company provides complimentary indoor Wi-Fi equipment and offers a 30-day free trial. Customers access account management through the Gaiia Customer Portal. Key differentiators include no long-term contracts, unlimited data, three-year price guarantees, and free professional installation. Services are available across over 80 communities in ten states, with pricing ranging from $50 to $59.99 per month depending on the community.

Differentiator

Problem solved

Functional benefit

Products and services

• Kwikbit Internet Service Subscription-based fixed wireless fiber-speed internet service delivering 1 Gbps symmetrical upload and download to residents of manufactured and mobile home communities, featuring free professional installation, free indoor Wi-Fi and outdoor radio, no long-term contracts, no data caps, a three-year price guarantee, and a 30-day free trial.

Quantifiable outcome

• 5x faster than typical provider's 200Mbps
• +2 more outcomes

Named customers6 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered core and minor.

• True StarcoreChannel Partner/ Reseller/ DistributorTrue Star property management company partners with Kwikbit to provide internet as a bundled amenity included in monthly rent. True Star includes Kwikbit service in properties like Tropics Mobile Home Community, Pleasant Hills Mobile Home Community, Oakridge Estates, and Piney Woods MHC. Internet is billed through property management, simplifying billing for residents.
• GiftogramminorGTM or Marketing PartnerThird-party platform used to deliver digital gift cards as incentives to eligible survey participants.

Scale indicators4 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Starry Internet: Starry is a fixed wireless residential ISP using 60GHz mmWave technology for gigabit symmetrical broadband — the closest direct comparison to Kwikbit on technology stack, target customer (urban/suburban residential), and service tier.
• Rise Broadband: Rise is one of the largest independent WISPs in the U.S., serving residential customers in small/mid markets with fixed wireless — directly comparable to Kwikbit on FWA delivery model and underserved residential positioning.
• NextLink Internet: NextLink is a rapidly-scaling rural WISP that has won BEAD and RDOF subsidies to deliver fixed wireless broadband to underserved homes — directly comparable on target customer, funding strategy, and FWA delivery.
• Resound Networks: Resound is a Texas-based rural WISP providing residential broadband to underserved communities — closely comparable on fixed wireless delivery, residential focus, and aggressive multi-state expansion.

Regional players

• Cal.net: Cal.net is a California-focused fixed wireless ISP serving rural and foothill communities with residential broadband — comparable to Kwikbit on FWA technology and California geography, though it covers a broader customer base beyond manufactured housing.
• Etheric Networks: Etheric is a Bay Area fixed wireless ISP delivering gigabit broadband to underserved residential markets — comparable on FWA delivery and residential broadband positioning, though primarily Northern California vs. Kwikbit's Southern California focus.

Broad incumbents

• T-Mobile Home Internet: T-Mobile's 5G FWA service delivers home broadband over its mobile network at $50/month — a direct competitor to Kwikbit on price, no-contract positioning, and underserved residential targeting, though using licensed cellular spectrum rather than 60GHz WiGig.
• Verizon 5G Home: Verizon's 5G Home service competes directly with Kwikbit for residential broadband subscribers in many of the same geographies, leveraging nationwide brand recognition and bundled wireless discounts.
• AT&T Internet Air: AT&T Internet Air is the carrier's 5G FWA residential broadband offering, competing with Kwikbit on price, ease-of-install, and underserved residential markets across the same 10 states Kwikbit serves.

Others

• Tarana Wireless: Tarana provides next-generation fixed wireless access infrastructure (ngFWA platform) used by WISPs globally — adjacent infrastructure vendor serving many of the same ISPs that compete with Kwikbit, including Rise Broadband and NextLink.

Market position

Strengths1 record

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/kwikbit

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds3 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kwikbit