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Zinox injects N18b into Technology Distribution


Zinox Technologies Group Limited has injected N18 billion fresh capital into Technology Distribution (TD), sub-Saharan Africa’s top IT distributor and its newly established subsidiary, TD Mobile to help the company expand and become the number one IT and mobile phone distributor in the continent by the end of 2016.

Leo Stan Ekeh, chairman of Zinox Group, speaking at the formal unveiling of TD Mobile in Lagos last week, an occasion graced by musicians and chief executives of banks, telecoms and global mobile phone and IT industry operators said, TD would battle to overthrow the number one IT distributor based in South Africa by expanding across the continent, open new offices within and outside Nigeria and overeach its competitors in yearly turnovers.

As part of the expansion plans, TD Mobile will, in November, launch a power bank that will back up devices on-the-go, introduce its online serial number confirmation that will authenticate all mobile devices from its stable, and go live with a 24hours contact centre for customer support.

Ekeh said TD Mobile would open offices in Owerri, Port Harcourt and Abuja with a showroom of about 1000sqm in the federal capital on November 2 this year. “Although it is not easy to operate in this environment, but we are not chasing after money rather the passion to get it right. TD has bright Nigerians that will keep taking the brand and bring out the best in it. In other words, TD is a brand in the making and it will still be in the offing,” he added.

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