Telecom
Tizeti Expands to Other African Markets, As It Goes Public
In line with its commitment to bridge the digital gap in Africa, West Africa’s pioneer solar-based internet and voice service provider, Tizeti, is set to expand its operations within Nigeria and Ghana, and into new neighboring Cote d’Ivoire and Togo in addition to mulling 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 firm is exploring an Initial Public Offer (IPO) in the stock market for investors/shareholders while setting its eyes on expanding its footprints across the Francophone and Anglophone countries in West Africa.
Speaking at the second edition of Tizeti’s annual event tagged “NeXTGEN 2.0: The Next Frontier”, Mr. Kendall Ananyi, founder and chief executive officer of Tizeti, stressed that the broadband gap in Africa is still very high and 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 about 30-50 percent cost savings on data cap plans and made it the preferred option to its competitors.
“This expansion is very strategic for us and for the continent. We have grown significantly within the last few years, being profitable in three out of the last four years and paid our first dividend this year. We currently have over 3884 hotspot locations and built 1 tower every month since we started, with 2.8 million users in Nigeria.
“Today, Tizeti delivers over 190TBPS of data a day, which is about 20% of what large Nigerian telcos with coverage in 36 states deliver. Using publicly available data on the website of the Nigerian Communications Commission (NCC) and our internal data, we are the number one fixed Internet Service Provider by users and active users in Nigeria today and the ISP of the year 2022.
“And there’s still so much room for growth. Internet users in Africa are still about 26% of the total population, with almost 900 million people unconnected. We are now exploring the public markets for equity/debt to fund our next growth phase.
“We have reserved our ticker at NASDAQ, and are exploring London Stock Exchange as we are an LSE-Companies to Inspire, as well as the Nigerian Exchange NGX”, Ananyi said.
Speaking on the Francophone expansion, Ifeanyi Okonkwo, co-founder and chief operating officer of Tizeti, highlighted the increased submarine cable investments in Africa to date, and the absence of middle-mile and last-mile infrastructure that moves the capacity where it is needed. With Tizeti’s new infrastructure build-out across West Africa, Tizeti plans to bridge the digital divide and bring more Africans online via its unlimited service offering.
“We believe that Africa offers the most significant 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 pool factors,” said Okonkwo.
Tizeti also launched new connectivity offerings, Tizeti Turbo Connect, which provides up to 150MBPS fiber-connected capacity to homes and offices, for NGN 60,000 (USD 85), and a new technology that allows it to deliver up to 1000MBPS. The company also announced new energy initiatives that minimize diesel cost consumption with solar panels and wind turbines across its base stations. Interested users can pre-sign up for Tizeti’s new locations at https://wifi.com.ng/presignup
Other speakers at Tizeti’s NeXTGEN include Vickie Robinson, General Manager, Microsoft Airband; Oremeyi Akah, Chief Customer Success Officer, Interswitch; Dolapo Onah, General Manager, MainOne by Equinix; Elliot Sangoleye, Head, Payments Acceptance and Digital Commerce, Providus; Gbolade Emmanuel, CEO, Termii; Osayi Izedonmwen, CEO, Teesas; Modupe Okeowo, Country Manager, Eutelsat; Sola Akindolu, CEO, Brass; Mayowa Owolabi, CEO, PaddyCover; Vickie Robinson, General Manager, Microsoft Airband; Ionut Croitoru, EMEA Sales Lead, Cambium, and Desayo Tomi-Solanke, COO, Trove. The partners include MainOne, Providus Bank, Microsoft, Cambium, CSquared and Nokia.
Tizeti’s NeXTGEN 2.0 expanded the vision of the first edition and provides a platform for stakeholders in African telecommunications, technology, and business communities to strategize for Africa’s next frontier, while networking, discovering new opportunities, and discussing breakthrough trends in the global and African telecoms and technology ecosystem.
The second edition event had over 700 technology enthusiasts, IT innovators, startup executives, corporate business leaders, and digital thought leaders and ended with an exciting 10th-anniversary dinner.
Telecom
Telcos Threaten to Shut Down Services in Some Parts of Nigeria over Tariff
Telecommunications operators in Nigeria have threatened to shut down their services in some parts of the country this year if their demand for tariff review is not considered by the Nigerian Communications Commission (NCC).
The operators under the aegis of the Association of Licensed Telecommunications Operators of Nigeria (ALTON) said this in a statement signed by Engr. Gbenga Adebayo, its chairman.
According to Adebayo, the survival of the telecom sector demands immediate and bold reform for its sustainability, adding that tariffs must be reviewed to reflect the economic realities of delivering telecom services at a minimum for industry sustainability.
“If nothing is done, we might begin to see in the new year grim consequences unfolding, such as Service Shedding; operators may not be able to provide services in some areas and at some times of the day leaving millions disconnected, there will be significant economic Fallout, because businesses will suffer from a lack of connectivity, stalling growth and innovation.
“There will also be National Economic Disruption where Key sectors like security, commerce, healthcare, and education which rely heavily on telecom infrastructure, will face serious disruptions,” Adebayo said.
Telecom industry is under heavy burden. Emphasising that without the tariff review, operators cannot continue to guarantee service availability, the ALTON Chairman said though the challenges being faced by the telcos are not new, they have become more acute and more threatening with this passing year.
He said that rising operational costs, skyrocketing energy costs, the relentless pressure of inflation, and volatile exchange rates, amongst others, have all placed an unsustainable burden on network operators. He said that despite these mounting pressures, tariffs have remained stagnant, leaving operators trapped in a financial quagmire.
According to him, the resources needed to maintain, expand, and modernise telecom networks are no longer available and without intervention, “the future of this sector is at grave risk.”
The ALTON chairman noted that stakeholders have done their best over the years to sustain the sector by upholding the values and importance of telecommunications in society.
“However, let me be clear: our work is far from over. It is not enough to have kept the sector afloat; we must now focus on securing its future. The sustainability challenges we face today are not just a passing storm—they are a clarion call for decisive action to ensure that this industry thrives for generations to come. Despite the dire warnings, we still believe that a better 2025 is possible—but only if we act now. Let this be the moment when we come together, acknowledge the urgency of the situation, and commit to saving this sector,” he said.
Telecom
Subscribers Say Telcos Cannot Hike Tariff Business without Consultation
Association of Telephone Cable TV and Internet Subscribers of Nigeria (ATCIS) has said that operators would not review tariff without consulting stakeholders.
ATCIS was reacting to fears to rumours that telecom operators were planning tariff increment early this year.
Recall the operators had threatened service disruption without an increment in tariff even as the operators await regulatory nod to effect an increase in tariff.
But Prince Sina Bilesanmi, national president, TCIS-Nigeria, said the association confirmed from the Nigerian Communications Commission (NCC) that there has not been an increment.
“ATCIS had written a letter to the NCC dated December 24th, 2024 requesting the Commission to clarify the new tariff increment proposed to be announced on December 13, 2024 as reported by the national daily and the online platforms, which they said would take off in January 2025.
“Firstly, there are procedures for tariff review like; cost study, consultation, enlightenment, engagement of Stakeholders like ATCIS being telecom subscriber advocacy body and all these requirements are not yet met by telcos,” he said.
He urged telecom subscribers not to panic, saying the NCC is the authorised body to announce tariff increment.
“The commission would have made an official statement regarding tariff increase. Therefore, people should disregard whoever said he is the spokesperson of NCC.
“Telecom subscriber members of the public should watch out for some unscrupulous reporters that are being used to destabilise the telecommunication industry. There’s no new tariff, and if such will happen every stakeholder would be carried along,” he said.
He assured that the association would not rest on its oar to ensure sanctity of information, saying their mission is to promote mutual co-existence, fair play and defend the rights of telecom subscribers.
Telecom
NCC Dismisses Rumours of Telecom Tariff Hike in January
Nigerian Communications Commission (NCC) has dismissed claims of a telecommunications tariff hike allegedly set to take effect in January 2025.
The Commission described the reports as false and unfounded, urging subscribers to disregard the misinformation.
A senior NCC official, emphasised that the regulatory body operates under a transparent framework guided by the Nigerian Communications Act, according to Punch Newspaper.
According to the official, this framework requires stakeholder consultations and strict adherence to due process before any tariff adjustments are approved.
“These rumours are baseless and misleading. The NCC is committed to protecting consumers and ensuring that any potential tariff changes are communicated clearly and transparently,” the official stated.
“Subscribers can rest assured that no tariff increase has been approved,” he added.
The NCC also appealed to journalists and industry stakeholders to verify information before publication, stressing the importance of accurate reporting to avoid unnecessary public panic.
Reiterating its commitment to consumer interests and the stability of the telecommunications industry, the Commission assured Nigerians that updates on tariffs or related matters would always be communicated through official channels.
The Association of Telephone, Cable TV, and Internet Subscribers of Nigeria (ATCIS) also addressed the rumours.
Speaking in Lagos, Mr Sina Bilesanmi, national president, ATCIS, stated that the association sought clarification directly from the NCC on December 24, 2024.
“The NCC confirmed there is no truth to claims of call charges increasing to N15.40 per minute from N11, SMS charges rising to N5.60, or 1GB of data costing N1,400 instead of N1,000.
“Any changes in tariffs, if necessary, will follow due process and involve input from all stakeholders, including ATCIS. There is no cause for alarm,” Bilesanmi said.
Both the NCC and ATCIS emphasised their commitment to consumer protection and urged subscribers to rely on verified information from credible sources.
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