2022 |
4.84 |
Jump to 19.96 |
|
|
how are you jack it's been a while six |
5.2 |
Jump to 37.84 |
|
|
understand you could do 250 million plus |
4.239 |
Jump to 120.24 |
|
|
the next three years so uh i'll go |
4.161 |
Jump to 124.479 |
DATE
the next three years
|
|
there's really a path for 20 stocks i |
4.72 |
Jump to 135.76 |
|
|
the last six months have been uh game |
5.281 |
Jump to 173.519 |
|
|
the digital divide one connection and at |
4.56 |
Jump to 210.72 |
|
|
because one thing that people intends or |
5.2 |
Jump to 269.04 |
|
|
the company has been there since 1983 |
5.921 |
Jump to 275.919 |
|
|
others for i would say at least 30 years |
6.88 |
Jump to 306.08 |
|
|
back in 2011 this is when we started to |
5.919 |
Jump to 309.84 |
|
|
started with our first odm contract odm |
6.16 |
Jump to 326.24 |
|
|
contract and it was to deliver 2g indoor |
5.68 |
Jump to 332.4 |
|
|
something like 4 thousands of those base |
4.72 |
Jump to 343.28 |
|
|
back in 2011. |
5.28 |
Jump to 350.24 |
|
|
in 2015 we did the complete shift to be |
5.921 |
Jump to 352.479 |
|
|
four months after we were standing at |
4.639 |
Jump to 374.0 |
|
|
that uh you're probably one of the best |
4.96 |
Jump to 387.28 |
|
|
one out there to build products |
4.401 |
Jump to 389.759 |
|
|
we were one of the few players that were |
5.92 |
Jump to 405.36 |
|
|
there's one billion people without any |
4.0 |
Jump to 422.16 |
|
|
and four billion close to four billion |
5.439 |
Jump to 426.16 |
|
|
same show uh in 2016 which are which is |
6.16 |
Jump to 441.12 |
|
|
solution starting 2016. starting then we |
6.4 |
Jump to 459.919 |
|
|
with multiple of the tier one operator |
4.4 |
Jump to 469.199 |
|
|
are in the top 10 top 15 mobile network |
6.72 |
Jump to 502.08 |
|
|
sold over 5000 base stations that have |
4.8 |
Jump to 525.68 |
|
|
been deployed worldwide so in 15 |
4.159 |
Jump to 528.24 |
|
|
i happened to be at africa come in 2019 |
7.36 |
Jump to 608.0 |
|
|
meeting that was supposed to last 10 |
5.12 |
Jump to 619.279 |
|
|
minutes finally last an hour an hour 15 |
4.16 |
Jump to 621.2 |
TIME
last an hour an hour
|
|
areas and also upgrades on the 3g the 4g |
6.64 |
Jump to 644.56 |
|
|
the 5g and over the top type application |
5.839 |
Jump to 647.68 |
|
|
in africa there's something like 300 |
5.68 |
Jump to 698.48 |
|
|
million plus |
4.159 |
Jump to 702.24 |
|
|
and we manage it for a 10-year period |
6.401 |
Jump to 748.079 |
|
|
new rent becomes a one-stop shop for the |
4.481 |
Jump to 782.959 |
|
|
we manage it through 10 years plus |
4.079 |
Jump to 811.2 |
|
|
they last for for 10 years it's a pay as |
6.24 |
Jump to 824.48 |
|
|
first product out was called the gsm |
4.079 |
Jump to 918.32 |
|
|
light cell it's 2g |
4.0 |
Jump to 920.56 |
|
|
yes of course people will say yeah 2g |
4.641 |
Jump to 922.399 |
|
|
but 2g is what they need |
5.44 |
Jump to 924.56 |
|
|
and 2g is also what they can afford |
5.039 |
Jump to 927.04 |
|
|
up up to 20 000 people |
7.841 |
Jump to 985.759 |
|
|
and you cover up to 13 kilometer range |
7.76 |
Jump to 989.04 |
|
|
average site 5000 but we've also |
5.039 |
Jump to 996.8 |
|
|
retained the ip it's called oc 2g oc |
5.521 |
Jump to 1001.839 |
|
|
and of course 2g again but this was for |
4.24 |
Jump to 1009.519 |
|
|
because the satellite consume around 50 |
3.76 |
Jump to 1033.76 |
|
|
so uh 50 plus the 14 64 what for a |
7.439 |
Jump to 1037.52 |
|
|
for the first time to |
4.48 |
Jump to 1046.4 |
|
|
did one in 2019 and they're currently |
4.4 |
Jump to 1060.0 |
|
|
running one |
4.561 |
Jump to 1062.799 |
|
|
this product is capable of doing three |
6.88 |
Jump to 1074.4 |
|
|
2g 3g and or 4g at the same time and you |
7.44 |
Jump to 1076.88 |
|
|
can also flip from one g to another |
5.68 |
Jump to 1081.28 |
|
|
about this one is that it allow the uh |
7.36 |
Jump to 1086.96 |
|
|
one example of the type of contract |
6.0 |
Jump to 1137.679 |
|
|
first first anniversary of that contract |
7.201 |
Jump to 1151.919 |
|
|
that was signed february 8th last year |
6.4 |
Jump to 1155.2 |
|
|
sign a contract for 2000 sites |
6.48 |
Jump to 1161.6 |
|
|
that might be deployed within 40 months |
6.72 |
Jump to 1164.48 |
|
|
it's a 10-year contract term |
5.599 |
Jump to 1168.08 |
|
|
the contract is for 2g to start with but |
6.959 |
Jump to 1182.96 |
|
|
with upgradability path to 4g |
7.6 |
Jump to 1186.16 |
|
|
we will be connecting up to 10 million |
6.401 |
Jump to 1189.919 |
|
|
doing 5 000 but actually the survey that |
5.92 |
Jump to 1196.32 |
|
|
uh over 10 years period is |
6.159 |
Jump to 1212.88 |
|
|
394 million usd |
5.24 |
Jump to 1215.88 |
|
|
building and operating those 2000 site |
5.12 |
Jump to 1266.32 |
|
|
five years are being transferred to the |
3.52 |
Jump to 1278.24 |
|
|
of the 10-year term |
4.721 |
Jump to 1289.919 |
|
|
revenue one particularity of our |
5.039 |
Jump to 1294.64 |
|
|
average it's one thousand dollar usd per |
4.561 |
Jump to 1303.039 |
MONEY
one thousand dollar
|
|
uh the same in africa and this one |
5.28 |
Jump to 1314.48 |
|
|
dilution we're delivering those 2000 |
4.399 |
Jump to 1340.4 |
|
|
using four different categories and the |
4.961 |
Jump to 1344.799 |
|
|
one of the the one of uh the other |
4.56 |
Jump to 1349.76 |
|
|
manage to get 50 percent ebitda from all |
7.04 |
Jump to 1370.08 |
|
|
three major contracts two with orange |
8.561 |
Jump to 1397.039 |
|
|
one with mtn for a total of 2 492 |
9.04 |
Jump to 1400.24 |
|
|
growing path line of over 15 |
4.081 |
Jump to 1436.159 |
|
|
000 |
2.319 |
Jump to 1439.36 |
|
|
about this in a few seconds and in 16 |
4.879 |
Jump to 1444.4 |
|
|
or over 34 million dollar usd to finance |
6.799 |
Jump to 1453.76 |
|
|
so far so good 50 58 site live we are |
7.92 |
Jump to 1468.48 |
|
|
generating a penetration rate of 45.9 |
5.041 |
Jump to 1472.559 |
|
|
1800 usd |
4.801 |
Jump to 1485.919 |
|
|
uh december uh 31st 2021. |
8.961 |
Jump to 1497.039 |
|
|
one point here the 45.9 penetration rate |
7.359 |
Jump to 1501.2 |
|
|
taken into account a 24 25 penetration |
6.161 |
Jump to 1511.919 |
|
|
we are at 45 |
2.64 |
Jump to 1518.08 |
|
|
penetration rate for example you have 96 |
6.0 |
Jump to 1532.72 |
|
|
97 percent of the population that has a |
5.921 |
Jump to 1535.279 |
|
|
in the last 16 months and it will |
5.76 |
Jump to 1554.96 |
|
|
since september 2020 |
6.88 |
Jump to 1560.72 |
|
|
of progression so 16 months to do all of |
5.679 |
Jump to 1567.6 |
|
|
wants to achieve in five years |
6.719 |
Jump to 1589.44 |
|
|
10 000 sites generating 200 million usd |
5.76 |
Jump to 1592.08 |
|
|
in revenue per year and a hundred |
4.081 |
Jump to 1596.159 |
|
|
million usd in ebitda |
4.4 |
Jump to 1597.84 |
|
|
organs for four different countries for |
5.28 |
Jump to 1605.6 |
|
|
over 2000 site we've been shortlisted on |
6.0 |
Jump to 1607.84 |
|
|
a major rfp with tier one uh with the |
4.72 |
Jump to 1610.88 |
|
|
tier one mno |
4.48 |
Jump to 1613.84 |
|
|
for over ten thousand site in 17 |
4.24 |
Jump to 1615.6 |
|
|
network operators for more than 20 |
5.04 |
Jump to 1621.84 |
|
|
3000 sites |
4.72 |
Jump to 1625.12 |
|
|
uh in our pocket it's 2500 site to build |
4.72 |
Jump to 1634.559 |
|
|
upon two |
2.72 |
Jump to 1637.76 |
|
|
in the five-year plan |
4.96 |
Jump to 1641.52 |
|
|
one year done we have 25 |
4.08 |
Jump to 1643.52 |
|
|
suspect that we might hit the 10 000 |
5.28 |
Jump to 1654.32 |
|
|
next two years max so |
2.799 |
Jump to 1659.6 |
|
|
you is the follow one one |
6.48 |
Jump to 1690.24 |
|
|
i've selected four players that are |
4.64 |
Jump to 1736.0 |
|
|
american tower being one of them crown |
5.039 |
Jump to 1740.64 |
|
|
and the smaller players are trading 8.6 |
5.12 |
Jump to 1756.48 |
|
|
it's not part of this are trading seven |
4.96 |
Jump to 1764.48 |
|
|
seven point five times ebitda for your |
4.161 |
Jump to 1766.799 |
|
|
account the 8.6 x |
3.76 |
Jump to 1780.96 |
|
|
with 2500 site |
4.559 |
Jump to 1784.72 |
|
|
a reaching 800 |
5.841 |
Jump to 1787.039 |
|
|
will generate a yearly revenue of 55 |
6.399 |
Jump to 1792.88 |
|
|
million ebitda of 27.5 |
4.24 |
Jump to 1795.919 |
|
|
a potential valuation of 36.5 million |
8.721 |
Jump to 1800.159 |
|
|
currently trading at the dollar forty |
3.28 |
Jump to 1833.2 |
|
|
to deliver those 2400 sites while me and |
6.321 |
Jump to 1884.399 |
|
|
okay first let me just |
4.48 |
Jump to 1940.48 |
|
|
ask you a question first so bottom line |
3.92 |
Jump to 1944.96 |
|
|
i mean two billion dollar valuation |
6.24 |
Jump to 1952.48 |
|
|
you know let's say you get to 10 000 |
4.24 |
Jump to 1958.72 |
|
|
what that would be what uh 200 million |
2.8 |
Jump to 1964.32 |
|
|
actually no 100 100 million plus ebitda |
6.559 |
Jump to 1967.12 |
|
|
right exactly 100 million plus ebitda uh |
5.041 |
Jump to 1970.399 |
|
|
mean this could be you know a two |
5.36 |
Jump to 1988.159 |
|
|
billion dollar valuation um and uh so if |
6.079 |
Jump to 1989.84 |
|
|
you have let's say you get to 100 |
4.64 |
Jump to 1993.519 |
|
|
million shares outstanding |
5.521 |
Jump to 1995.919 |
|
|
that would be roughly 20 |
4.32 |
Jump to 2001.44 |
|
|
we have 2500 sites under contract as we |
5.12 |
Jump to 2019.279 |
|
|
proposal stage for over 15 000 sites |
5.52 |
Jump to 2024.399 |
|
|
build those 10 000 site but at least if |
5.441 |
Jump to 2029.919 |
|
|
we just stop here we have 2500 sites and |
5.839 |
Jump to 2032.08 |
|
|
those 2500 sites will be generating 50 |
5.12 |
Jump to 2035.36 |
|
|
million dollars of revenue 27 million |
3.681 |
Jump to 2037.919 |
|
|
trading at 236 million dollar u.s |
5.439 |
Jump to 2050.96 |
|
|
by five you just you just use the |
5.04 |
Jump to 2058.48 |
|
|
do anything else is gonna generate 50 |
4.0 |
Jump to 2094.079 |
|
|
million in ebitda |
4.72 |
Jump to 2096.24 |
|
|
27.5 million ebitda 27. okay so i like |
7.16 |
Jump to 2103.16 |
|
|
50 50 million grows 27 it's roughly 27 |
5.44 |
Jump to 2110.8 |
|
|
million okay yeah uh but that would be |
4.64 |
Jump to 2113.76 |
|
|
still around 400 million 500 million |
3.44 |
Jump to 2116.24 |
MONEY
around 400 million 500 million
|
|
diluted 41 million okay so that's 10 |
5.839 |
Jump to 2124.24 |
|
|
getting uh those you know 2500 towers up |
5.76 |
Jump to 2135.92 |
|
|
because we will get theirs there's 30 |
4.88 |
Jump to 2146.0 |
|
|
000 tower to be built in sub-saharan |
5.04 |
Jump to 2148.079 |
|
|
exactly that's the number one question |
4.72 |
Jump to 2242.24 |
|
|
it was not ideal to get the first |
4.72 |
Jump to 2253.76 |
|
|
really is like one of the most essential |
3.68 |
Jump to 2329.28 |
|
|
it's not like one of these things which |
3.04 |
Jump to 2372.72 |
|
|
one thing that you that we never report |
5.199 |
Jump to 2442.64 |
|
|
between 15 and 40. |
4.48 |
Jump to 2453.28 |
CARDINAL
between 15 and 40
|
|
the billion million melinda gates from |
4.72 |
Jump to 2463.28 |
|
|
when you see these you know this 50 |
4.561 |
Jump to 2517.359 |
|
|
million plus top line 27 million you |
4.401 |
Jump to 2519.599 |
|
|
with the 10 000 sites under contract |
6.48 |
Jump to 2532.4 |
|
|
probably within the next 24 months |
6.321 |
Jump to 2535.599 |
|
|
so on the five-year plan that's like two |
5.76 |
Jump to 2538.88 |
|
|
uh talking about 120 million to raise to |
7.6 |
Jump to 2575.2 |
CARDINAL
about 120 million
|
|
do the one that the 10 000 sites built |
6.16 |
Jump to 2578.8 |
|
|
just look at the one we just announced |
5.921 |
Jump to 2593.839 |
|
|
there was uh to a 14 and uh and uh nine |
5.681 |
Jump to 2596.079 |
|
|
to match it with six million of equity |
4.72 |
Jump to 2608.8 |
|
|
so they're they're asking for like uh 20 |
5.841 |
Jump to 2611.119 |
|
|
25 30 equity equity in some cases but we |
5.12 |
Jump to 2613.52 |
|
|
which is a private entity and this one |
6.0 |
Jump to 2621.68 |
|
|
from 2g to 4 or 5g look like in the |
5.2 |
Jump to 2636.0 |
|
|
the box to put a new one quite easy |
6.24 |
Jump to 2648.079 |
|
|
the next generation one is the car is |
4.88 |
Jump to 2651.52 |
|
|
presentation this one you can turn it on |
4.959 |
Jump to 2656.4 |
|
|
with 2g then swap to 3g and to 4g |
4.96 |
Jump to 2661.359 |
|
|
don't see 5g soon though in those |
6.481 |
Jump to 2666.319 |
|
|
running on 3g and 4g |
5.601 |
Jump to 2687.839 |
|
|
the four orange |
7.04 |
Jump to 2729.68 |
|
|
i will say 2022. now i don't have any |
5.76 |
Jump to 2739.839 |
|
|
bang on the last one they took seven |
6.199 |
Jump to 2810.64 |
|
|
seven months brings us to march |
5.44 |
Jump to 2823.28 |
|
|
it's close to 600 that we're expecting |
5.681 |
Jump to 2848.319 |
|
|
at 450 sites erected so this is part of |
6.719 |
Jump to 2862.64 |
|
|
mode in drc we will be deploying 80 |
5.121 |
Jump to 2900.079 |
|
|
the ground we have three subcontractors |
5.76 |
Jump to 2923.28 |
|
|
in drc one in cameroon and we have |
8.16 |
Jump to 2925.52 |
|
|
selected one that will be part of our uh |
7.44 |
Jump to 2929.04 |
|
|
of the 10-year contract does new run |
3.52 |
Jump to 2949.92 |
|
|
uh one thing that we would like to |
4.319 |
Jump to 2978.8 |
|
|
pursue those 10-year contract moving |
4.48 |
Jump to 3000.96 |
|
|
25 000 usd |
3.679 |
Jump to 3058.64 |
|
|
usually for five to six years max |
5.601 |
Jump to 3088.559 |
|
|
our model was showing 25 penetration |
6.72 |
Jump to 3158.16 |
|
|
rate we're at 45 so bang bang bang bang |
6.881 |
Jump to 3161.359 |
|
|
10-year contract if they don't want to |
4.64 |
Jump to 3182.88 |
|
|
august september in 2021 |
5.92 |
Jump to 3215.76 |
|
|
we were expecting something like a 180 |
6.16 |
Jump to 3218.64 |
|
|
nothing stopping us from doing 50 sites |
5.281 |
Jump to 3245.119 |
|
|
a month 70 sites a month |
4.4 |
Jump to 3248.48 |
|
|
equipment fyi we have three million |
4.96 |
Jump to 3255.119 |
|
|
to build for the first 120 site same |
4.56 |
Jump to 3264.64 |
|
|
200 200 towers per month in drc but it |
6.72 |
Jump to 3345.839 |
|
|
70 to 80 sites a month in drc |
5.039 |
Jump to 3367.28 |
|
|
fast but we can probably do 30 to |
6.321 |
Jump to 3372.319 |
|
|
30 to 40 sites a month easily actually |
4.801 |
Jump to 3376.079 |
|
|
december 20 and i think january 20 we've |
5.6 |
Jump to 3380.88 |
|
|
deployed close to 30 sites in cameroon |
5.599 |
Jump to 3386.48 |
|
|
okay uh i think we'll get about eight |
3.76 |
Jump to 3401.839 |
|
|
operator because if there's one thing |
4.64 |
Jump to 3477.28 |
|
|
is to favor one or the other they would |
5.439 |
Jump to 3481.92 |
|
|
because having one or multiple operator |
4.321 |
Jump to 3511.599 |
|
|
on to one side there's a captive |
4.561 |
Jump to 3513.839 |
|
|
population of 5 000 people |
3.52 |
Jump to 3515.92 |
|
|
being 25 30 40 |
5.121 |
Jump to 3521.599 |
|
|
it will be 25 30 40 |
4.48 |
Jump to 3524.24 |
|
|
when you expect to have ten thousand |
2.56 |
Jump to 3557.44 |
|
|
cents but when do you expect to have 2 |
3.28 |
Jump to 3558.559 |
|
|
500 sites |
4.559 |
Jump to 3560.0 |
|
|
uh currently so when what these 2 500 |
3.76 |
Jump to 3561.839 |
|
|
40 months |
4.24 |
Jump to 3565.599 |
|
|
for drc is 40 months |
5.28 |
Jump to 3574.16 |
|
|
but by the end of 2022 we should be |
5.839 |
Jump to 3576.72 |
|
|
finished with the 20 the 2200 sites of |
6.0 |
Jump to 3579.44 |
|
|
can you comment on your 5g patents does |
4.48 |
Jump to 3585.44 |
|
|
straight into yeah the 5g patent was for |
4.72 |
Jump to 3607.04 |
|
|
into those dense area and you have 5g is |
7.44 |
Jump to 3611.76 |
|
|
but yes we still have this 5g patent |
5.839 |
Jump to 3636.48 |
|
|
the the the 2100 |
4.8 |
Jump to 3654.64 |
|
|
uh 2100 so those co so that slide where |
5.679 |
Jump to 3659.44 |
|
|
have 2100 sites exactly okay so it's |
6.401 |
Jump to 3666.799 |
|
|
probably three to four different |
2.96 |
Jump to 3697.359 |
|
|
one in argentina brazil close to amazon |
6.721 |
Jump to 3700.319 |
|
|
maybe we can probably see the first |
4.88 |
Jump to 3733.52 |
|
|
contract before the end of 2022. i would |
5.12 |
Jump to 3735.52 |
|
|
62 islands in marshall island |
4.72 |
Jump to 3758.16 |
|
|
on a capex mode so one off we're selling |
3.76 |
Jump to 3800.319 |
|
|
have 10 site probably live before the |
6.639 |
Jump to 3822.72 |
|
|
the next five months you can't do |
4.56 |
Jump to 3845.92 |
DATE
the next five months
|
|
concrete-based tower in two places where |
5.24 |
Jump to 3857.559 |
|
|
work so we will probably have maybe 10 |
7.921 |
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15 site live before this period wait a |
5.761 |
Jump to 3867.119 |
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december and the goal is to have the 250 |
6.64 |
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site running within 24 months |
4.879 |
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uh 250 site more |
4.08 |
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would you say the top three reasons why |
4.4 |
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2021 has been the year for ticking all |
5.439 |
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everything 2022 we're starting execute |
5.601 |
Jump to 3923.119 |
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second thing the market is booming the |
6.0 |
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so i would say those are the three major |
5.28 |
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the two major reason the third one we |
5.04 |
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see in the next you know 30 |
3.52 |
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next 60 days or so what kind of what |
3.28 |
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there will be a lot of news in 2022 |
5.041 |
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we'll see you in the next one |
3.719 |
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