Ethereum Based Venture Cajutel Licensed to Become the Next AT&T of West Africa

[S.coastapps]

SEATTLE, WA / ACCESSWIRE / July 1, 2019,/ Internet in West Africa is extremely slow, expensive, and very unreliable due to the poor infrastructure and frequent power cuts in the region. However, there are only two mobile operators in this region, both of whom focus almost exclusively on voice communication but not 3G or 4G data transmission. The only reason these carriers provide internet is that they are required by law to do so. On top of all, there is zero incentive for them to make it fast enough to use and cheap enough to afford.

To provide high speed, reliable and cheap internet to the underserved community in Africa, a new telecom start-up, dubbed "Cajutel Sarl" have emerged. Despite the raging odds of the regional conditions in West Africa, Guinea-Bissau, based Cajutel Sarl telecom startup has recently attained its telecom license to operate as an internet service provider in the West African nation. This implies that they can start working on their project to provide high speed, reliable and cheap internet to the underserved community in Africa. Cajutel used Ethereum's blockchain and created digital shares of their company.

Moreover, this startup has been proudly awarded "Tier 1 ISP Data Services License for Sierra Leone" which was first announced by the founder and CEO of Cajutel via Twitter on June 28.

(Via Twitter)

Cajutel to Bring New Revolution in West Africa To Attempt Internet Crisis

West Africa is looking for a telecom revolution breaking the odds of centralized monopoly, looking for a more decentralized unit to look after the country's growing need of high-speed internet and to satisfy the needs Ethereum based telecom venture, Cajutel set to become the AT&T of Africa, breaking the stereotypes a decentralized AT&T.

Sierra Leone is a country with a population of 7.5 million, and that ranks closer to the bottom in world rankings of literacy, GDP per capita, and Human Development Index.

Sierra Leone currently has very unreliable and expensive internet, on average a person spends $99 per month for 5mbps internet. With the internet being so expensive, and the poor coverage of the country by telecom operators makes it difficult for users to use the internet and as more users joining the network will affect networks quality. Only less than 13% of the population is currently connected to the internet. Cajutel hopes to empower this nation by providing cheap, reliable and high-speed internet service which would enhance the nation's education system and increase the GDP per capita.

How Is Cajutel Bringing Ultimate Solution to the Crisis?

Since there is no sustainable infrastructure that can be built upon or improved in the country and its neighboring regions, Cajutel will have to build everything from scratch which includes fiber wires and underground connections, etc from ground level. It has resorted to providing power to its systems through solar-panels as the local power is highly unreliable. Although this may increase the cost, it provides Cajutel complete autonomy of its resources.


Source: https://finance.yahoo.com/news/ethereum-based-venture-cajutel-licensed-191500785.html