[gtranslate]

Bridging the Digital Divide, Empowering Rural Communities

Investment Date

July 2023

Fund

GSI Spain

Asset class

Operating in

Eastern Andalusia, Spain

Website

Rural customers connected
0
Users in towns with <3,000 inhabitants
0 %
Employees (90%
with permanent contracts)
0
Jetnet combines its own telecommunications infrastructure with affordable pricing to bring high-speed internet and phone services to underserved rural communities in Spain, improving digital inclusion and quality of life for both households and local businesses.

The Challenge

Spain’s last-mile delivery sector has expanded rapidly with the rise of e-commerce, particularly in grocery and prepared food segments.

According to OECD and EU data, transporting goods within cities generates up to 30% of traffic and a substantial share of CO emissions. At the same time, digital delivery platforms often fail to provide secure, protected jobs, deepening social inequalities.

However, this growth has exposed two major gaps:

The Solution

Jetnet deploys its own network to offer affordable, high-speed connectivity in remote areas. Its presence in very small towns (178 under 500 people) empowers local businesses, schools, and families to thrive digitally. Jetnet’s services are priced below major competitors, increasing affordability in low-density areas.
Deep presence
+
Digital inclusion
+
Agile infrastructure
+

The Impact

83%

of clients live in towns with <3,000 residents

12,249

rural users connected in Eastern Andalusia

298

municipalities covered (178 with <500 inhabitants)

14%

of clients are rural businesses

40

employees, 90% with permanent contracts

Why we invested

Strategic rural coverage:
Deep presence in underserved, disconnected areas

Scalable and cost-effective:
Agile infrastructure and pricing below leading competitors.

Digital inclusion for households and businesses:
Strengthening local economies and social cohesion.

Quality-of-life contribution:
Tackling territorial inequality and unwanted isolation

GSI’s role

Together, we are building a more inclusive and connected rural Spain. With GSI’s support, Jetnet is:

Expanding service coverage across Eastern Andalusia

Reinforcing infrastructure and service quality

Improving digital access and rural resilience

Scaling nationwide

Purchases and reducing reliance on expensive debt

Strengthening

Its tech platform

 

Becoming

Spain’s reference in zero-emission, fair-wage urban delivery

Access to the internet isn’t just about connection, it’s about dignity, opportunity and belonging. With GSI’s support, we’re bringing that to the places that need it most.
Manuel Berlanga
President of Jetnet

Before you continue

Global Social Impact Investments, S.G.I.I.C., S.A.U. (“GSI”) is an investment management company authorized and supervised by the Spanish Securities Market Commission (CNMV, registration no. 279), specialized in social and environmental impact investing.

This website is intended for informational purposes only. Its aim is to provide an overview of GSI’s activities and investment strategies. It does not constitute an offer to buy or sell financial instruments, nor does it provide personalized investment advice.

GSI manages certain funds directly and acts as a management company, overseeing delegated portfolio management for other international investment vehicles. All of these impact funds are classified as complex products and are not intended for retail investors, but rather for professional and qualified investors. For this reason, they are not actively marketed, in accordance with applicable regulations.

By clicking “Accept,” you confirm that you have read and understood this information.