Following the liberalisation of the telecommunications sector in 2001, many Nigerians have come to like as well as experiment with technological devices, purchase mobile phones for one reason or another. It is also assumed that mobile phone distributors in the country are also smiling to the bank.
However, such assumption was quite far from the truth because every Original Equipment Manufacturer (OEMs) has another foreign middle man, who is monopolistic in nature and only releases a phone with a seven-day credit and a difference of mere N200, which automatically makes the likes of popular phone merchants like Slot Systems, Revive Technologies, PTV, Omegatron, Mizbeach, among others, mere executive cashiers.
Original Equipment Manufacturers (OEMs) are manufacturers of devices and hardware equipment, including desktop computers, laptops, mobile phones and Ipads.
"Is it a profitable venture, if one invests over N2 billion and you get N5 million, as profit that may take longer to recoup?" he asked.
He noted that franchises had been taken over by foreigners and mobile phone dealers are like executive cashiers for companies that include EMS,
He, however, hinted that the phone business had now been sanitised in such a way that only the big players get to buy wholesale price from these middlemen while the big dealers in turn sell with very low margin, with the strong belief in turnover.
EMS is from the
He noted that such phones could be branded from their main country and, he says: "What this mean is that each of these phones needs to be unbranded with software and unlocked to work perfectly with our local network. Usually, foreign networks have been programmed to be of higher quality, tested and measured technically to work with specific networks like Sprint, T-mobile, AT.T and Rogers but ours have no specifications."
"But as it is, every mobile phone dealer is just trying to make ends meet and 'play big' in the terrain that they find themselves. The truth of the matter is that most of them are trying to compete in the online space, hoping to make a positive twist in the business," he said.
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