ASSOTEL as a group, provides sales and merchandising of digital devices, as well as, managed telecoms services and ICT solutions; in aspect of lease infrastructure, bulk recharge cards, Electronic Vending Distribution (EVD) for talk time recharge, mobile wallets; and Franchise Management, for major telecoms operators in Nigeria. The future for Assotel is to become a major player and service provider in the Telecoms and Payment Systems in the Financial Services Sector with superior value proposition; investing in talents, infrastructure and our community- as part of our business philosophy
History & Background
From a humble beginning, established over sixteen (16) years ago, as a small business (Crystal Electronics) which later in 1996 metamorphosed into Associated Telecoms and Electronics Co. Nigeria Limited (ASSOTEL). Assotel traded in assortments of 2-way Radio Transceivers, PABX, intercoms and telephone handsets, providing maintenance and supply services to major multinationals, across the Delta and East of the Niger River, of Nigeria. Ever since, Assotel has strived to bridge the gap in creating solutions that has enabled a cheaper, convenient and richer talk experience amongst individuals and corporations. Today, Assotel, has grown into a holding company, driving innovation in shaping the landscape of the local supply chain and Value-Added-Services, in the telecoms downstream, and providing rewarding experience to consumers and our partners in the business of air time recharge distribution and communications technology. ASSOTEL is a Trade Partner with MTN, Etisalat, Airtel and major phone brands such as Nokia, Samsungs, LG and other hand held devices. Assotel is a privately held company with Assotel Connect Limited and Assotel Technologies Limited as subsidiaries, with global headquarters in Port Harcourt, Nigeria, with over 200 retail network across the country.
Within the next five years, our vision is to become the market leader in the down stream telecoms and financial Services Sector, with key focus on cashless payment systems
- To provide an unbiased and professional advice to individuals and businesses on the best terminal devices, talk time and data packages within budget.
- Investing in technologies to transform the lives of the unbanked and rural population by providing financial inclusion to them.
- We build bonds amongst our key stakeholders; by creating and delivering values to our customers, employees and shareholders, as fundamental to our business philosophy.
Our Corperate Value
Assotel’s Core Values underpin our desire to create a unity of purpose across the Group. They reflect our common aspiration to foster a performance-based culture that is open and innovative, which promotes mutual trust and engagement. Customer Focus
Succeeding, in what we do is to listen and connect with our customers and treat them, with dignity and respect. By understanding and anticipating their needs, we make it easy for our customers to do business with us. We aim to offer them value and quality services to enrich lives and enhance business success. Challenger Spirit
The creativity and innovation of our people set us apart. We look for better ways of doing business and share a passion for making a difference. When faced with challenges and opportunities, we do not say “Cannot” but ask “Why not?” We are tenacious and we compete fairly. Teamwork
By working as one team with shared goals, we believe we can achieve great things. We value ideas and contributions from everyone. We recognize, respect and value diversity in the team. We develop strong bonds by communicating and sharing knowledge. We encourage open discussion and commit to an agreed position. All of us have a part to play. Integrity
Our reputation is anchored on our ability as a business to fulfill promises to shareholders, customers and employees. We do so by being honest in our dealings, taking responsibility and being accountable for our actions. We ensure that the highest ethical standards guide us in making decisions. Personal Excellence
Leadership and superior performance are achieved through the pursuit of personal excellence. We are committed to doing and being the best. We seek continuous improvement and take pride in what we do.We acknowledge the potential of the individual and create opportunities for all to grow and excel. Together, we celebrate our success and achievements.
Awards & reconginations
- MTN Connect Partners’ Award, for Service Excellence,2009, presented to PH3 Connect (Assotel)
- Y’ello Drumer Awards presented to Mr. Chris Assotel) for recognition of Excellent Performance, presented by; MTN Sales and Distribution, at the 2nd MTN Y’ello Drummer Award, 2004,
- Y’ello Drumer Awards presented to Mr. Chris Ezeude (Assotel) for recognition of Excellent Performance, presented by; MTN Sales and Distribution, at the 3rd MTN Y’ello Drummer Award, 2005
Since the inception of GSM in Nigeria in 2011, Assotel has remained in the domain of innovation, constantly pushing the envelopes for cheaper and more convenient calls and lifestyle enablers, with the debut of Assotel Mobile Suite, in conjunction with E-Tranzact and MTN in 2011. Assotel Mobile Suite is a transaction grade mobile application linked to a card wallet that can enable subscribers top up their phones remotely; recharge third party, make payments to merchants, transfer funds, as well as appropriate other electronic transactions from the convenience of their mobile devices A successful integration of Assotel Mobile Suite was done; connecting MTN VTU Server and E-Tranzact Payment Gateway Switch, as to migrate from physical sales to Electronic Vending Distribution model, with the objective of reducing cash interface in our operation. To this effect, a pilot run, on the application, was conducted in Port Harcourt in June 2010, with over 200 subscribers test sample. In quest to provide a more robust payment system, and playing prominently in the national payment scheme; through our subsidiary, Assotel Technologies Limited - we are investing hugely on a multi-operator mobile money and prepaid services platform, as to enable us provide services to the under serviced and unbanked population in Nigeria.
PARENT COMPANY (Associated Telecoms and Electronics Co. Nig. Ltd) is a major trading and distribution company ; providing project management, construction of cell sites, micro waves and towers, and lease infrastructure management, recharge card distribution, sales of phones, and other digital devices, and supply chain management. Parent company, has a net worth in excess of N500m and in good relationship with key banks in Nigeria. As mother company to its subsidiaries, bank-rolls key projects engaged by its associated offspring companies ; Assotel Connect Limited and Assotel Technologies. Parent company, is a registered company in Nigeria, established in 1996 and has trade relationship with major telecoms operators. The company is a retail chain operation and brand management outfit, established in 2005. Assotel Connect Ltd. provides a franchise management services for some of our trade partners as well as manage our proprietary signature outlets and retail agency Operation. The Company is also responsible for implementing Assotel retail branch roll-out projects. Assotel Connect, manages Five (5) MTN “Connect Shops” and Two (2) “Connect In-Plant”,(within MTN facility) spread across Rivers, Abia , Anambra and Enugu states respectively, with our highly skilled IT personnel and well trained and courteous Customers Relationship Management(CRM) executives. Assotel Technologies Limited is the technology arm of Assotel that seeks to provide core Value Added Services (VAS) in the telecoms and financial payment system, in Nigerian and the West African sub region. The company’s key services includes Content aggregation, Enterprise services and Mobile Payment Gateway Platform to cater for the unbanked market segment. Other service offerings are, (SMS) platforms, Short Code Messages, Call Centres and Value Added Services such as Mobile Radio, Caller Ring Back Tones, Background Music, Select Caller List, Entertainment, Gaming, Social Networking and Devotional portals.
Our company’s executive team is composed of motivated and enthusiastic individuals who have a vested interest in finding value-driven, quality solutions for our clients while never losing sight of providing the best possible service. These executives take an active role in all aspects of Assotel business and lend invaluable know-how and unwavering dedication to every customer/client undertaking. Chris Ezeude: Chief Executive Officer (CEO):
Chris is a serial entrepreneur, and graduate of Business Administration, with 19 years experience in telecoms distribution and retail management. Austin W. Dimkpa, Chief Technology Officer , CTO:
Has Elect. Engineering/IT background, with 14 years IT experience. He is a Certified Solaris 8 System Administrator, and Certified Network+ (compTIA) with cloud-based computation and networking operational experience. Mrs Faith Dimji, Account Officer:
Has 8 years experience in accounting with sales and distrubtion. she read accounting in one the federal university in Nigeria. Mr Ikogho Emmaunel (ACA), Head of Finance:
A chartered Accountant with 6years banking Experience Mrs Blessing Egeonu, Company Operational Officer (COO): A computer Scientist with over 6 year experience in IT/system management.