The Company will be the first to launch a multi-nation 4G LTE technology and hence become a highly distinguished and recognized industry leader in the telecommunications & technology industry in three African countries where such a telecom infrastructure is not available. The overall business model of the Company effectively creates a full service telecom business, with mobile finance and payments solution platform, providing excellent cross selling/up-selling marketing synergy opportunities.
Key People:
The Company is currently being managed by four founding partners at the implementation stage, together with over 50 years combined experience in telecom, technology, finance and banking. Seasoned executives and independent directors will be hired to manage the Company and act as board members.
The Offering:
The Company has formulated this $450mn offering of Cumulative Convertible Preferred Shares at 6% dividend and a 20% aggregate participation of net income.
Financial Objectives:
- To achieve a minimum 20% increase in net profit each year for the next five years.
- To achieve a minimum 30% return on capital invested in the Year One.
- Net asset value growth of minimum $100mn in Year One to over $1.5 billion in year Five.
Projected Financials:
Pre-Launch: Revenues $0 Net Profit -$30mn
Year 1: Revenues $790mn Net Profit $200mn
Year 2: Revenues $1.6bn Net Profit $400mn
Year 3: Revenues $2.3bn Net Profit $600mn
Year 4: Revenues $3.1bn Net Profit $840mn