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Partnership in Africa with Tritente Global Energy

3rd May 2016 07:00

RNS Number : 9271W
Artilium PLC
03 May 2016
 

Artilium plc

("Artilium" or the "Company")

 

 Artilium to Expand in Africa in Partnership with Tritente Global Energy Group

Artilium Seeks to Expand its Footprint from 20 to 40 Countries in Five Years

 

 

Artilium plc (LSE/AIM: ARTA), the AIM quoted provider of innovative telecommunication software and solutions, announces that it is partnering with Tritente Global Energy Group ("Tritente") of Washington DC, Ethiopia and Kenya to launch Artilium-Africa (www.artilium-africa.com) in order to meet the demand for data and telecom services in the fastest growing continent in the world. Given the low cost environment in Africa and the wide range of services that will be made available by Artilium, the agreement with Tritente has been structured such that the financial arrangements of the partnership will be determined on a deal by deal basis.

 

The partnership is intended to bring Artilium's 3G-4G mobile data service, cloud and innovative telecom services to the African market. Artilium Africa has started to acquire a value added services license in Ethiopia and is already in discussions with a number of potential customers for the provision of specific services in that country.

 

Artlium's disruptive micro-data center is an ideal solution to distribute telecom services throughout Africa where 1.3 billion people reside. Artilium already serves 50 telco brands such as T-Mobile and 10 million users in 20 countries with its services, but as yet none based in Africa.

 

Bart Weijermars, Chief Executive Officer of Artilium said: 

 

"Tritente is the perfect platform for Artilium to expand into Africa, which is in the early stages of the data and telecom revolution. Tritente is leading $6 billion of projects in renewable energy and power transmission in Sub Saharan Africa. They can open avenues in dozens of the 52 Sub Saharan countries".

 

Paul Delkaso, CEO of Tritente and Managing Partner of Artilium-Africa said:

 

"Our plan is to bring the Artilium-Africa solution to every African country mobile operator, MVNO business, educational institution, Government entities and every cell phone holder".

 

Mr. Delkaso who is based in the Washington DC area is in Africa to establish operations in the first of six countries.

 

In contrast to the traditional large-scale mega data centers, which consume massive electricity, Artilium-Africa expects to have 10-20 times more energy-efficient, micro-data centers spread throughout each country. Most will be powered by renewable energy and include next-generation energy storage.

 

For further information please contact: 

 

Artilium PLC

 +32 (0)50230300

Bart Weijermars - Chief Executive Officer

Paul Delkaso - Managing Partner of Artilium-Africa and Chief Executive Offier of Tritente

finnCap Ltd

Jonny Franklin-Adams & Scott Mathieson (corporate finance)

Joanna Scott (corporate broking)

 +44 20 7220 0500 

 

About Tritente Global Energy Services

www.tritente.com is an advanced energy development company based in Alexandria, VA. With $6 billion of contracts, joint ventures and MOU's to deliver solar, wind and transmission projects in Ethiopia, Kenya and Uganda with financing from the U.S., France and China.

 

About Artilium Plc

www.artilium.com is a demonstrated leader in the development of next generation communication technologies. Artilium's strategy focuses on supporting its customers to successfully grow their business by providing flexible, cost effective and innovative solutions.

 

ARTA® is the real-time Authentication, Authorization and Accounting (AAA) software that brings a full suite of new functionalities to telecom Operators and virtual Operators. Thanks to ARTA® value-added services portfolio, including for instance AAA of voice, text and data services, VoIP, 3G and 4G compliance, mobile payments and location-based services, our partners are more than ready to meet future customer needs.

 

Multiple renowned national and international telecommunication companies rely on Artilium to deliver voice, text and data.

 

Artilium's "Pay-As-You-Grow" model allows solutions to be scaled to the exact needs in Africa. As a latest innovation, Artilium offers its product suite from the Cloud as a PAAS (Platform as a Service), yielding ARTA's scalability, flexibility and proven stability.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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