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On the Brink: Africa Viewed As Growth Target for Telecom
From:
Rick Smith --  News USA Rick Smith -- News USA
For Immediate Release:
Dateline: Washington, DC
Friday, July 1, 2016

 

(NewsUSA) - When it comes to telecommunications, experts agree that Africa is the new "it" continent for growth. If you're a little rusty on exactly what telecom means, it translates to big bucks for companies like Belgium-based Artilium PLC, which provide software solutions for data and wireless companies that want to help Africa get better connected.

"International investors from the enterprise cloud, hosting and data center spaces, are targeting the African fixed infrastructure market and will compete with mobile tower infrastructure providers in the coming years," predicted one telecom banker, who was attending a finance and investment conference in London this month. "Major players are all battling to provide the best network coverage in Africa and challenge mobile operators by investing in terrestrial fiber."

To expand into Africa, Artilium has partnered with Alexandria, Virginia-based Tritente Global Energy to launch Artilium-Africa. Tritente has chosen NEAH Power to supply their backup-power, energy needs.

What Each Company Brings to the Table

"Tritente is the perfect platform for Artilium to expand into Africa, which is the early stages of the data and telecom revolution," said Bart Weijermars, chief executive officer of Artilium. "Tritente is leading $6 billion of projects in renewable energy and power transmission in sub-Saharan Africa. They can open avenues in dozens of the 52 African countries."

State-of-the-art technology requires 24/7 clean power, regardless of whether the grid is supplying power. African grid power is not like it is in Europe or the US. NEAH's batteries are targeted to supply backup power to Artilium-Africa's microdata centers and Tritente's renewable energy projects in more than 20 countries over the next few years. NEAH may generate in excess of $20 million in revenues from this partnership.

The significance of this joint venture is that NEAH's PowerChip batteries offer six times more power than traditional batteries. In addition, with this new technology, NEAH says jobs will be created in the U.S., while at the same time, providing a better quality of life in Africa.

"We chose NEAH because their next-generation energy storage system is powerful, cost effective and compatible with Tritente's $6 billion plan to deploy renewable energy in Africa and to bring the Artilium-Africa solution to every African mobile operation, educational institution, government entities and every cell phone holder," said Paul Delkaso, chief executive officer of Tritente and managing partner of Artilium-Africa.

Analysts closely watching the explosion of the telecom industry in Africa agree.

"It's a really vibrant time for investment into African broadband infrastructure," said one senior adviser attending the event. "Numerous international internet backbone projects are springing up, connecting the African continent."

For more information, visit neahpower.com or contact the company at info@neahpower.com. Tritente can be reached at Delkaso@tspmgroup.com.

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On the Brink: Africa Viewed As Growth Target for Telecom

Paul Delkaso, President and CEO, Tristar & Tritente Global Energy Group. Managing partner, Artilium-Africa.

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