Thursday, October 9, 2014

TD Group Expands Operation, Secures N18bn Fund

By Emma Okonji

Technology Distribution Group, comprising of TD-Mainstream and TD-Solutions and Services distributions, has added another arm to the group, with the recent launch of TD-Mobile in Lagos.
The group has also raised N18 billion from financiers, who insisted that a percentage of the money be invested in TD Group for business expansion while a reasonable percentage should be invested in research and development and local capacity building in support of the local content policy on ICT.
Speaking at the launch, Chairman/Chief Executive Officer of Zinox Group, owners of TD Group, Mr. Stan Ekeh, commended the fund syndicators for the trust and assured of prudent use of the fund. He also said part of the money would be for the establishment of the single largest Information and Communications Technology (ICT) service and support centre and products showroom for Africa in Abuja.
He emphatically stated that the Abuja showroom would be commissioned before the end of November this year and subsequently in other regions in Nigeria. “We are keen to expand the market and move from being the biggest ICT distributor in sub-Saharan Africa to the number one position in Africa and this we intend to achieve in the next 18 months,” Ekeh said.

The launch of TD-Mobile is expected to create easy access to quality and latest technology products to millions of Nigerians, and it is positioned to become one of the largest ICT Distribution companies in sub-Saharan Africa.
The event attracted dignitaries led by the Chief Executive Officer of Etisalat, Group Managing Directors from UBA, Fidelity Bank and Access bank including partner organizations. The event also featured a number of entertaining performances from Nigerian artistes such as Naeto C, JMartins, Inyanya, Teckno Emma Nyra and a host of others.
Business Manager of TD-Mobile, Mrs. Gozy Ijogun explained that the desire to win and to further expand the frontiers of internet access, were the driving forces behind the launch of TD-Mobile.

"We are well aware that despite the increasing growth rate in the ICT industry, over 60 per cent of Nigerians still have limited access to the internet. TD-Mobile is the window to the world of access," Ijogun said. She added: "Our aim is to bridge the divides between the rich and the poor, between the young and the old, between East and West and between North and South through the distribution of a range of smart devices such as Phones, Phablets, Tablets, Laptops, Mobile Printers and devices. We are focused on distribution of genuine Mobile devices through our hundreds of Partners that will radically change the way we live and do business."
 
In her opening speech, she paid tributes to partner organisations such as Hewlett Packard (HP), Nokia, Toshiba, Dell, Lenovo, IBM, among others and to the TD-Mobile team for the support and hard work which went into making the launch a reality.

Managing Director of HP Computers, Mr. Ime Umoh, hailed the launch of TD-Mobile as a timely response to the dynamic and changing face of the industry and end-user requirements. According to him, we are living in a technology-mediated world, one in which the customers demand more and more innovative solutions not only in the area of pervasive devices but in other modes as well. "The successful launch of TD-Mobile is testimony to the vision of the management of Zinox Group especially that of its Chairman, Leo Stan Ekeh, who has continued to drive changes in the ICT industry," Umoh said.

Chief Executive Officer of Etisalat Nigeria, Mr. Matt Wilshire, who saw a congruence between the indefatigable Nigerian spirit and the launch of TD-Mobile, said: "I have been in this country for only about 18 months, but I have been impressed about a number of things with this country. The most striking is the people. Nigerians are a resilient, vibrant people who love to take on new challenges and this is crystallized in the launch of TD-Mobile."

According to him, "It is not an easy task but it is a similar story to ours at Etisalat as we are just six years old but we are proud to be associated with TD-Mobile as major partners. I am optimistic that the launch of TD-Mobile signifies the beginning of a new dawn in the area of access to technology for Nigerians and we are glad to be a part of that."
Ekeh who announced the selection of TD Champions this year, assured Nigerians that the partners shall be selected based on their total achievement and winners shall in addition to other perks, enjoy the benefit of direct mentorship.

Ekeh also talked about a 24hour intelligent Hub that will go live in the month of November to support end users of ICT products from credible brands. This and the authentication system will help reduce the abuse of the Nigerian ICT market with fake products, he said, while assuring friends, the media and partners that the group is about listing in the stock market but that it is after achieving the number one position in the whole of Africa. He advised all stakeholders in the industry to expect major global positive disruptions in the ICT sector and be prepared to take advantage of the opportunities.
 
Culled from www.thisdaylive.com

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