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Tizeti Eyes Pan-African Expansion Launches New Products to Achieve 100% Broadband Access and Explores Public Offering

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  In line with its commitment to bridging the digital divide in Africa Tizeti www Tizeti com West Africa s pioneering solar powered internet and voice service provider is set to expand its operations within Nigeria and Ghana and in new neighbor Cote d Ivoire and Togo as well as considering listing its Nigerian subsidiary With over 2 8 million subscribers on its platform a revenue of over N11 billion over 10 years and no debt the company is exploring an Initial Public Offering IPO in the stock market for investors shareholders while setting his eyes on expanding his footprints in the Francophone and Anglophone countries of West Africa Speaking at the second edition of Tizeti s annual event entitled NeXTGEN 2 0 The Next Frontier Tizeti s founder and CEO Mr Kendall Ananyi emphasized that the broadband gap in Africa is still very high and that Operators like Tizeti must expand to ensure that more Africans have access to reliable affordable and truly unlimited internet from Tizeti According to him Tizeti has been providing affordable unlimited internet service in Nigeria and Ghana using solar towers which has brought cost savings of 30 to 50 percent on data cap plans and made it the go to option favorite of its competitors This expansion is very strategic for us and for the continent We have grown significantly in recent years being profitable in three of the last four years and paying our first dividend this year We currently have over 3884 hotspot locations and building 1 tower every month since we started with 2 8 million users in Nigeria Today Tizeti delivers more than 190 TBPS of data per day which is about 20 of what Airtel the second largest telecommunications company with coverage in 36 states delivers Using publicly available data on the Nigerian Communications Commission NCC website and our internal data we are the number one Fixed Internet Service Provider by users and active users in Nigeria today and ISP of the year 2022 And still there is a lot of room for growth Internet users in Africa are still around 26 of the total population with almost 900 million people offline We are now exploring the public equity debt markets to finance our next phase of growth We have booked our ticket on NASDAQ and are exploring the London Stock Exchange as we are an LSE Companies to Inspire as well as the Nigerian Stock Exchange NGX said Ananyi Speaking about francophone expansion Tizeti co founder and COO Ifeanyi Okonkwo highlighted the increase in subsea cable investments in Africa to date and the absence of middle and last mile infrastructure moving capacity where it is needed With the construction of Tizeti s new infrastructure in West Africa Tizeti plans to bridge the digital divide and bring more Africans online through its unlimited service offering We believe that Africa offers the most important potential demand for broadband expansion and we have looked at their populations their relative contributions to GDP the prevalence of higher and tertiary institutions and other common factors Okonkwo said Tizeti also launched new connectivity offerings Tizeti Turbo Connect which provides up to 150 MBPS of fiber connected capacity to homes and offices for NGN 60 000 US 85 and new technology that enables it to offer up to 1 000 MBPS The company also announced new energy initiatives that minimize diesel consumption with solar panels and wind turbines at its base stations Interested users can pre register for the new Tizeti locations at https bit ly 3bEKDfo Other speakers at NeXTGEN from Tizeti include Vickie Robinson General Manager Microsoft Airband Oremeyi Akah Director of Customer Success Interswitch Dolapo Onah General Manager Equinix MainOne Elliot Sangoleye Head Payment Acceptance and Digital Commerce Providus Gbolade Emmanuel CEO Termii Osayi Izedonmwen CEO of Teesas Modupe Okeowo Country Manager Eutelsat Sola Akindolu CEO of Brass Mayowa Owolabi CEO of PaddyCover Vickie Robinson General Manager Microsoft Airband Ionut Croitoru EMEA Sales Leader Cambium and Desayo Tomi Solanke COO Trove Partners include MainOne Providus Bank Microsoft Cambium CSquared and Nokia Tizeti s NeXTGEN 2 0 expanded on the vision of the first edition and provides a platform for stakeholders in the African telecommunications technology and business communities to strategize for Africa s next frontier while networking discovering new opportunities and discuss innovative trends in global and African telecommunications and telecommunications technological ecosystem The second edition event featured more than 700 technology enthusiasts IT innovators start up executives corporate business leaders and digital thought leaders and ended with an exciting 10th anniversary dinner
Tizeti Eyes Pan-African Expansion Launches New Products to Achieve 100% Broadband Access and Explores Public Offering

1 In line with its commitment to bridging the digital divide in Africa, Tizeti (www.Tizeti.com), West Africa’s pioneering solar-powered internet and voice service provider, is set to expand its operations within Nigeria and Ghana.

latest naija gist

2 , and in new neighbor Cote d’Ivoire and Togo, as well as considering listing its Nigerian subsidiary.

latest naija gist

3 With over 2.8 million subscribers on its platform, a revenue of over N11 billion over 10 years and no debt, the company is exploring an Initial Public Offering (IPO) in the stock market for investors/shareholders while setting his eyes on expanding his footprints.

latest naija gist

4 in the Francophone and Anglophone countries of West Africa.

5 Speaking at the second edition of Tizeti’s annual event entitled ‘NeXTGEN 2.0: The Next Frontier’, Tizeti’s founder and CEO, Mr. Kendall Ananyi, emphasized that the broadband gap in Africa is still very high and that Operators like Tizeti must expand to ensure that more Africans have access to reliable, affordable and truly unlimited internet from Tizeti.

6 According to him, Tizeti has been providing affordable unlimited internet service in Nigeria and Ghana using solar towers, which has brought cost savings of 30 to 50 percent on data cap plans and made it the go-to option.

7 favorite of its competitors.

8 “This expansion is very strategic for us and for the continent.

9 We have grown significantly in recent years, being profitable in three of the last four years and paying our first dividend this year.

10 We currently have over 3884 hotspot locations and building 1 tower every month since we started with 2.8 million users in Nigeria.

11 Today, Tizeti delivers more than 190 TBPS of data per day, which is about 20% of what Airtel, the second largest telecommunications company with coverage in 36 states, delivers.

12 Using publicly available data on the Nigerian Communications Commission (NCC) website and our internal data, we are the number one Fixed Internet Service Provider by users and active users in Nigeria today and ISP of the year 2022.

13 And still there is a lot of room for growth.

14 Internet users in Africa are still around 26% of the total population, with almost 900 million people offline.

15 We are now exploring the public equity/debt markets to finance our next phase of growth.

16 We have booked our ticket on NASDAQ and are exploring the London Stock Exchange as we are an LSE-Companies to Inspire, as well as the Nigerian Stock Exchange NGX,” said Ananyi.

17 Speaking about francophone expansion, Tizeti co-founder and COO Ifeanyi Okonkwo highlighted the increase in subsea cable investments in Africa to date and the absence of middle and last mile infrastructure moving capacity where it is needed.

18 .

19 With the construction of Tizeti’s new infrastructure in West Africa, Tizeti plans to bridge the digital divide and bring more Africans online through its unlimited service offering.

20 “We believe that Africa offers the most important potential demand for broadband expansion, and we have looked at their populations, their relative contributions to GDP, the prevalence of higher and tertiary institutions, and other common factors,” Okonkwo said.

21 Tizeti also launched new connectivity offerings, Tizeti Turbo Connect, which provides up to 150 MBPS of fiber-connected capacity to homes and offices for NGN 60,000 (US$85), and new technology that enables it to offer up to 1,000 MBPS.

22 The company also announced new energy initiatives that minimize diesel consumption with solar panels and wind turbines at its base stations.

23 Interested users can pre-register for the new Tizeti locations at https://bit.ly/3bEKDfo Other speakers at NeXTGEN from Tizeti include Vickie Robinson, General Manager, Microsoft Airband; Oremeyi Akah, Director of Customer Success, Interswitch; Dolapo Onah, General Manager, Equinix MainOne; Elliot Sangoleye, Head, Payment Acceptance and Digital Commerce, Providus; Gbolade Emmanuel, CEO, Termii; Osayi Izedonmwen, CEO of Teesas; Modupe Okeowo, Country Manager, Eutelsat; Sola Akindolu, CEO of Brass; Mayowa Owolabi, CEO of PaddyCover; Vickie Robinson, General Manager, Microsoft Airband; Ionut Croitoru, EMEA Sales Leader, Cambium, and Desayo Tomi-Solanke, COO, Trove.

24 Partners include MainOne, Providus Bank, Microsoft, Cambium, CSquared, and Nokia.

25 Tizeti’s NeXTGEN 2.0 expanded on the vision of the first edition and provides a platform for stakeholders in the African telecommunications, technology and business communities to strategize for Africa’s next frontier, while networking, discovering new opportunities and discuss innovative trends in global and African telecommunications and telecommunications.

26 technological ecosystem.

27 The second edition event featured more than 700 technology enthusiasts, IT innovators, start-up executives, corporate business leaders and digital thought leaders and ended with an exciting 10th anniversary dinner.

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