Nigerian telecom launches low-cost 4G LTE wireless network - Business Insider

The company offers unlimited internet for 9,500 Nigerian Naira a month, and CEO and cofounder Kendall Ananyi told TechCrunch that its unlimited broadband plans are 30-50% cheaper than traditional plans due to its operations structure: Its internet service uses free spectrum through long-range Wi-Fi and a solar-powered network to keep expenditures and operating costs low.

Tizeti's internet offering addressed a neglected segment of the market, as incumbent wireless operators offered relatively expensive data with coverage concentrated in big cities. Sub-Saharan Africa has the least affordable data prices of all low- to middle-income regions, as 1GB of data costs 6.8% of the average monthly income, By comparison, 1GB of data costs 1.2% of average monthly income in South Asia, and 2.1% in Latin American & Carribean.

By contrast, consumers looking for 4G LTE coverage are likely more sensitive to the size and reliability of the coverage area. Large, multinational network operators are the purveyors of connectivity in the Nigerian market, while Tizeti's user base accounts for less than 1% of connected consumers.

, Business Insider Intelligence's expert product suite keeping you up-to-date on the people, technologies, trends, and companies shaping the future of connectivity, delivered to your inbox 6x a week. >>

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Virgin Media's deal with Vodafone highlights the opportunity 5G presents for MVNO deals - Business InsiderVirgin Media inked a five-year deal with Vodafone to transition its mobile virtual network operator service onto Vodafone's wireless network.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Slate's podcast network is on the rise, with ads selling fast - Business Insider'Slow Burn' season three has been one of Slate's most successful podcast ventures, helped by an established infrastructure and ad sales strategy.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Business Insider wants your nominations for the next leaders of self-driving car tech - Business InsiderBusiness Insider wants to find the next wave of autonomous driving stars. Tell us who tomorrow's industry leaders are. Why should my car be a self-driving? Driving is fun. If I don‘t want to drive I can order a taxi or go by bus or train.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Uber delivers mixed Q3 earnings results - Business Insider - Business InsiderUber accelerated revenue growth in its core ride-hailing segment after more than a year of stagnation, but still has a net loss of $1.2B in Q3 2019.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Express is launching a new direct-to-consumer brand called UpWest - Business InsiderThe direct-to-consumer economy shows no signs of slowing down. Fashion retailer Express is launching its own DTC brand to catch up.
Source: BusinessInsider - 🏆 729. / 51 Read more »

NBA Digital is launching its 24-hour basketball channel as a standalone SVOD service - Business InsiderNBA Digital is launching NBA TV, a 24-hour basketball channel previously only available through pay-TV providers, as its own standalone SVOD service. WELCOME TO THE COMMUNIST CHINA NBA PARTY.
Source: BusinessInsider - 🏆 729. / 51 Read more »