For the last 20+ years, my company has provided satellite connectivity throughout Africa and other emerging economies. We have served private, public, military, and government customers. We design, construct, activate, maintain, and monitor systems for 7/24/365 satellite connectivity.
About 3 years ago, while on a trip at Bamako, Mali, I needed to stay in-touch with my company's New York office. The only option available was to buy data from a local operator which was extremely expensive and slow to browse. Throughout my business trips in Africa, I experienced similar low quality of subscribed service from operators in other countries including: Sierra Leone, Liberia, Guinea, Guinea Bissau, Bennin, Senegal, Ivory Coast and others. After speaking with my local agents and representatives, I realized that there is a market in West Africa for high quality cellular data service and that users would gladly pay a premium for it relative to the status quo. Furthermore, offering high-speed data to mobile users will allow them to use popular voice applications like: "whatsapp", "Viber", "Skype" to save on the charge for billable minutes by local providers.
Leveraging the technologies and intellectual property that my company had developed, I found an economical solution to use a satellite-based backhaul capability to provide an advanced wireless LTE network to service mass users with speeds of 10-15 times faster than the local services that rely on an old 2G & 3G technology. Moreover, we can provide these advanced LTE services at or below the current market rates. In addition to that technological advantage, my company also brings an understanding of the local market as well as personal connections and exclusive licenses with local governmental authorities.
In support of this revelation, a new company was formed, SpeedNet, LLC., to realize the full potential of this this opportunity.
The operator's license was granted by the government of Nigeria to "MM Telcom Global, Ltd." a subsidiary of SpeedNet, LLC. 01/15/2019July, 2019
The operator's license was granted by the government of Mali to the "HTI, S. A." a subsidiary of SpeedNet, LLC., that has 4,900 customers.March, 2019
The operator's license was granted by the government of Sierra Leone to the "Ignite" (SL) Ltd. network. a subsidiary of Speednet, LLC.January, 2019