25-year-old woman develops GHc 39m Telecommunications Company

25-year-old woman develops GHc 39m Telecommunications Company

- An exceptionally hardworking woman, Chaymeriyia Moncrief, has created a multi-million dollar company called Tesix Wireless

- Tesix Wireless Telecommunications firm is valued at $7.3 million

- Moncrief’s goal is to build out her own infrastructure and be able to provide an in-house network and make Tesix its own carrier

A 25 year-old Alabama native has launched a Telecommunications firm called Tesix Wireless, which offers prepaid cell phone service valued at $7.3 million.

Before its launch in December 2018, Moncrief received a $4.4M offer to sell the company.

Tesix was already valued at over $1M and rising because of its customer wait list and notable investments from several high profile people including Ladarius Gunter (former-Green Bay Packers Cornerback), Shaun Hamilton (Washington Redskins Linebacker), and Ayodeji Olatoye (Atlanta Falcon Cornerback). Moncrief, however, turned the offer down.

Tesix wants to get rid of everything millennials hate about their wireless plans and give them more of what they want.

The company boasts of no contracts, unlimited data, unlimited talk and text and a free customisable 2nd phone number, so we can get rid of those Google voice numbers for business.

Before its launch in December 2018, Moncrief received a $4.4M offer to sell the company.

Tesix was already valued at over $1M and rising because of its customer waitlist and notable investments from several high profile people including Ladarius Gunter (former-Green Bay Packers Cornerback), Shaun Hamilton (Washington Redskins Linebacker), and Ayodeji Olatoye (Atlanta Falcon Cornerback). Moncrief turned the offer down.

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When asked why she declined the offer Moncrief said, "If anyone is willing to offer this amount of money for a company that hadn't launched, it was because they saw value, they saw the worth. What they didn't realize, however, is that I too saw the value of my company.”

By the time Tesix launched, its value had already surpassed the initial offer, coming in at $5.9M.

Since her target audience is millennials, Moncrief does a lot of her marketing via social media. She’s been busy partnering with influencers to increase the brands profile and spread the word. The company is currently valued at $7.3M and has seen an influx of subscribers since its 1st quarter.

Moncrief’s goal is to build out her own infrastructure and be able to provide an in house network and make Tesix its own carrier. Currently, the company is opening two stores and recently released its very own smartphone.

Meanwhile, a duplicate of the outfit won by President Nana Akuffo Addo at the 2019 Independence Day parade in Tamale has been put on exhibition at the MAGIC Show USA, the largest fashion and apparel sourcing event in the world.

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Source: Yen

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