Market

The last-mile connectivity gap in West Africa

500M+ rural Africans without reliable internet. A $15B+ annual spend opportunity. Signal Mesh is built for the bottom of that market — with a content distribution layer no competitor offers.

0%
of rural Liberia unconnected
ITU 2024
0.0M
total population of Liberia
World Bank
$0/mo
target ARPU per subscriber
Pilot model
0
counties in Liberia to eventually serve
LISGIS
$0K/mo
projected revenue at 500 Signal Mesh nodes
Business model
$0
cost of nearest comparable product
Mesh++ S618

Mobile internet usage — Liberia vs. benchmarks.

Source: ITU 2024 / GSMA

Sizing the opportunity.

TAM
Total Addressable Market

500M+ rural Sub-Saharan Africans without reliable internet — $15B+ annual connectivity spend potential.

SAM
Serviceable Addressable Market

West Africa ECOWAS — Liberia, Sierra Leone, Guinea, Côte d'Ivoire — ~15M rural unconnected. $300M+ annual.

SOM (Year 3)
Serviceable Obtainable

1,000 Signal Mesh deployments in Liberia rural communities. $2.4M ARR at $200/node/month avg.

Unit economics

Self-sustaining in two months.

Hardware cost
$172 COGS
Retail price
$219
Monthly backhaul
$50 (4G or Starlink share)
Avg subscribers/node
80
Avg ARPU
$2.50/month
Subscriber revenue/node
$200
CDN partner revenue/node
$50–62
Total monthly revenue/node
$250–262
Hardware payback
< 1 month

Competitive positioning.

The community-affordable zone is empty. Signal Mesh fills it.

COMMUNITY-AFFORDABLE ZONEPRICE →COVERAGE →Signal Mesh $199Mesh++ S618 $849NuRAN OC-2G $2k+Macro BTS $50k+

ECOWAS expansion path.

Liberia
Year 1
Sierra Leone
Year 2
Guinea
Year 2
Côte d'Ivoire
Year 3
Ghana
Year 3
Nigeria
Long-term

Year 1: Liberia · Year 2: Sierra Leone + Guinea · Year 3: Côte d'Ivoire + Ghana