Tizeti Develops NeXTGEN Connectivity Solutions, Announces $5M Fund...

Tizeti Develops NeXTGEN Connectivity Solutions, Announces $5M Fund for African Startup ISPs

Enterprise Networking Mag | Wednesday, September 08, 2021

The company establishes a relationship with a $5 million venture capital fund focused on early-stage Internet service providers (ISPs) boosting internet access across Africa.

FREMONT, CA: Tizeti, West Africa's pioneer solar-powered internet and voice service provider, has unveiled new connectivity services to help more Africans benefit from digital offers in a new world defined by the Covid-19 pandemic.

The new products reflect the company's commitment to broadening the broadband envelope in Nigeria by offering more robust internet plans, expanding coverage, particularly in Nigeria, Africa's most populous country, and accelerating internet availability across the continent by establishing a new venture fund. Additionally, the goods reinforce the company's commitment to providing a more simplified and convenient technology offering through an intelligent customer service operation and integrated Customer Relationship Management systems.

“The company reflected on digital interaction and transformation more seamless and intuitive for its stakeholders, especially during the wake of the disrupting global pandemic,” speaking at the company’s annual conference, Tizeti NeXTGEN, the company’s Chief Executive Officer, Kendall Ananyi, said. “The global pandemic expedited the need for technology to be more agile, faster, more intuitive, and easier to understand, irrespective of the peculiarities of its users. Many people were unable to quickly adapt to the new normal of working, connecting to family and colleagues remotely, and accessing various educational, occupational, entertainment, and other services virtually. Many firms took an unnecessarily long time to adjust to the constraints the pandemic brought, and this resulted in declined productivity, ineffective transformation, and lost revenue. Technology is only useful when it is creating solutions to problems and we believe that as a leader in the digital space in West Africa, we have a role to build the technology platforms that will allow our user base to be agile and relevant in the coming years. We saw the transition from physical everything to the work-from-home model overnight and knew that we had to help people and businesses change the way they work and play.”

Ananyi continued, “This is why we have launched new voice and data service for residential, small, medium, and enterprise organizations within Nigeria. Our brand-new Turbo 100MBps Unlimited Internet Plans in Lagos will guarantee 100Mbps unlimited plans (which is 50 times faster than the existing plans in the market), with a free three months pilot to the first 100 signups in the Lekki area. The company’s desire to empower more Nigerians, stimulate economic activities and provide unlimited access to affordable and reliable broadband services by widening the broadband envelope to 10 new cities in Nigeria. We are expanding our unlimited internet plans, currently available in cities in Lagos, Ogun, Rivers and Edo States, to Abuja, Ibadan, Kaduna, Kano, Warri/Asaba, Eket/Uyo, Onitsha, Aba, Enugu, and Calabar. We are building brand-new, solar-powered, 4G-capable towers in these cities and leveraging expansive fiber-networks built by some of our partners, to enable us to roll out our low-cost broadband service, and bring millions of people online, who can now take advantage of the life-changing socio-economic opportunities that access to the Internet provides.”

The company establishes a partnership with a $5 million venture capital fund focused on early-stage internet service providers boosting internet access across Africa. According to Ifeanyi Okonkwo, the company's Chief Operating Officer, the company will leverage its proprietary operating system technology, global partnerships with equipment vendors, submarine cable companies, payment providers, and venture capital firms to provide resources to these startup ISPs to accelerate the availability of unlimited internet across the continent. Successful entrepreneurs will be invited to join a three-month course at a Tizeti’s facility in Nigeria or Ghana. They will obtain the knowledge and expertise necessary to build inexpensive internet services in their home countries rapidly.

Weekly Brief

Read Also