Wifi.com.ng
Wifi.com.ng Unlimited Wifi Internet for Nigeria.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| N/A | €0.0 | round | |
$2.1m | Seed | ||
| Total Funding | 000k | ||
Tizeti Network Limited, operating under the brand name Wifi.com.ng, is a Nigerian internet service provider focused on delivering affordable and unlimited internet access to the residential and small business sectors. Founded in 2012 by Kendall Ananyi and Ifeanyi Okonkwo, the company has established a significant presence in Lagos and has expanded its services to other states across Nigeria. The founders, both with backgrounds in software engineering and experience at major tech companies like Microsoft and ExxonMobil, identified a critical gap in the market for cost-effective internet connectivity in West Africa. Their technical expertise has been central to the company's strategy of deploying a network of solar-powered base stations.
The company's core business revolves around a last-mile connectivity solution that utilizes a network of solar-powered towers. This approach allows Tizeti to minimize operational costs typically associated with diesel generators, thereby offering competitively priced data plans to its customers. The primary service, Wifi.com.ng, provides unlimited, uncapped wireless internet to its subscribers. The business model is direct-to-consumer, with revenue generated through monthly subscription fees for its internet services. Tizeti has successfully raised capital through various funding rounds, including a seed round of $2.1 million in 2017 and a subsequent Series A round of $3 million, attracting investment from notable firms like Y Combinator, 4DX Ventures, and Golden Palm Investments.
In addition to its core internet service, Tizeti offers voice-over-IP (VoIP) services through its WifiCall.ng platform, allowing users to make calls over the internet. The company's vision extends beyond internet access, with plans to offer IPTV services by leveraging its broadband infrastructure. Tizeti's strategic deployment of its own infrastructure, rather than relying on leasing from major telecom companies, provides it with greater control over service quality and cost structure. This operational model positions the company to address the growing demand for data in Nigeria's densely populated urban and underserved areas.
Keywords: internet service provider, solar-powered, unlimited internet, last-mile connectivity, West Africa, subscription model, VoIP, broadband, data services, telecommunications