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Newly Established TV Station Investment Opportunity in Lagos, Nigeria

Upcoming IPTV venture in collaboration with a major white label IPTV brand seeks startup investment.

Established 0-1 year(s)
Employees < 2
Legal Entity Other
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries TV Stations
Locations  Lagos
Local Time 5:31 PM Africa / Lagos
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
INR 86 lakh for 20.0% stake (Native Currency: USD 100,000)
Reason: The funding will be used to procure the IPTV servers and network infrastructure. We will also utiliz... View More
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Business Overview
- A new venture from a promoter who previously specialized in the 3D construction and telecommunication sectors.
- We have collaborated with a global IPTV brand in order to set up a globally accessible network, much like CNN, that gives our users the ability to watch any channels through the internet.
- Using this collaboration, we will set up our own satellite fiber company.
- Initially, we will be importing set-up boxes to immediately supply client demand, however, we plan to manufacture our set-up boxes by setting up an in-house production unit.
- The promoter has personally owned land on which this unit can be set up.
- We will capitalize on the market reach of the brand we are collaborating with.
- With our targeted marketing efforts through social media and promotional events, we plan to acquire a client base of approximately 3.5 million within 12 months after funding.
- The monthly subscription per user will be USD 20.
- We are yet to register an entity, and the registration will be done once we obtain the funding.
- Our collaboration with the brand will help us get all TV content, broadcast rights and a local TV license.
Products & Services Overview
We will be selling IPTV subscriptions to households in Nigeria.
Assets Overview
The business does not have any tangible assets, however, the promoter has personal land which can be used for future business requirements.
Facilities Overview
There is no facility as of now, but we will set up a physical presence once we obtain funding.
Capitalization Overview
This is still in the formative phase, and we have not registered the entity yet.
There is 1 owner.
Recent Activity
  • 5 days, 2 hours ago
    CEO, Chennai, Financial Consultant connected with the Business
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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