Telnet Nigeria

What Telnet Nigeria does

Telnet Nigeria Limited is Nigeria's first indigenous ICT company, founded in 1985 and headquartered in Lagos with additional offices in Abuja and Port Harcourt. The firm operates as an enterprise-focused systems integrator and managed services provider, delivering network infrastructure, intelligent building solutions, cybersecurity, business process automation, and custom enterprise software to government agencies, banks, oil & gas operators, telecoms, healthcare providers, and educational institutions. Its portfolio is anchored by transformational national projects including the NIBSS Automated Clearing System (NACS), the FIRS bank collection automation platform, Project Eagle (CBN's RTGS backbone), and the Paycom/OPay mobile money platform, alongside its co-founding role in Interswitch. Telnet monetizes through professional services engagements, hardware sales (telecom/connectivity), custom software development, and recurring managed services including SWIFT Service Bureau operations, primarily via direct field sales to large enterprises and government. Two wholly-owned subsidiaries structure the business: iTECO Nigeria Limited (digital and building infrastructure) and SoftWorks Limited (enterprise software applications).

Name

Telnet Nigeria

Legal name

Telnet Nigeria Limited

Website

https://telnetng.com

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

101–250 employees

Short description

Telnet Nigeria is Nigeria's first indigenous ICT integrator delivering network infrastructure, cybersecurity, business process automation, and enterprise software to government agencies, banks, oil & gas firms, and telecoms across the country.

Ownership category

akta.pro rank

Product category

ICT Services & Enterprise IT Solutions

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182), All Other Telecommunications (517810)

SIC

Services-Computer Integrated Systems Design (7373), Services-Telephone Interconnect Systems (7385), Communications Services, Nec (4899)

akta.pro primary industry

Unified Communications & Collaboration Network Services (VoIP/QoS) (BPAEAEAI)

akta.pro secondary industry

Smart Building Cybersecurity & OT Network Management (BPABAGAK)

Keywords

• ICT infrastructure solutions
• Enterprise network services
• Intelligent building systems
• Business process automation
• Managed IT services

Headquarters

HQ city

Lagos

HQ country

Nigeria

HQ region

Africa

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Infrastructure, Supply Chain, Marketing or Sales

Revenue model

1. ICT Infrastructure Solutions: Design, implementation, and support of network infrastructure, intelligent building solutions, and physical/logical security systems. Revenue generated through project-based engagements and long-term infrastructure contracts.
2. Software Development & Integration: Custom software application development, enterprise applications (ERP, CRM), business process automation, and systems integration services delivered to enterprise clients.
3. Managed Services & Support: Ongoing maintenance, support, and management of ICT infrastructure including enterprise maintenance services, SWIFT Service Bureau operations, and technical support.
4. Telecom & Connectivity Solutions: Wide Area Networks, data connectivity, VPN solutions, and satellite communication services using VSAT, microwave radio, and fiber optics.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Telnet Nigeria Limited is an indigenous ICT company that designs, implements, and supports integrated technology solutions for enterprises and government agencies. Its core offerings span network infrastructure (WAN, LAN, VPN, satellite), intelligent building systems (IP-based physical security, biometrics, control rooms), enterprise software development (ERP, CRM, custom applications, business process automation), unified communications, cyber threat management, and managed IT services delivered through its subsidiaries iTECO (digital and building infrastructure) and SoftWorks (enterprise software).

Product overview

Telnet Nigeria operates as a comprehensive ICT solutions provider offering four core service categories: Cyber Threat Management, Business Process Automation, Software Development, and Intelligent Building Solutions. The portfolio spans network infrastructure (WAN, LAN, VPN), unified communications and AV solutions, business applications (ERP/CRM), treasury management, and ICT training. Two subsidiaries extend the portfolio: iTECO handles integrated digital and building infrastructure (intelligent buildings, physical security, biometrics, network solutions), while Softworks provides enterprise software (application development, business process automation, systems integration). The offerings form a unified ecosystem where intelligent building systems, network infrastructure, business applications, and process automation work together to deliver technology-enabled business solutions across Nigeria's financial, oil & gas, health, public, telecoms, and educational sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• Cyber Threat Management

Quantifiable outcome

• Reduced cheque clearing time from 20 days to 48 hours for Nigerian interbank market
• +3 more outcomes

Named customers15 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature6 records

Partnerships

22 partnerships are on record, tiered core.

• DellcoreTechnology or IntegrationTechnology partner providing enterprise hardware solutions including servers, storage, and workstations for infrastructure deployments.
• FortinetcoreTechnology or IntegrationCybersecurity partner providing firewall and network security solutions integrated into Telnet's security offerings.
• HPcoreTechnology or IntegrationEnterprise hardware partner providing printers, PCs, and enterprise solutions.
• HPE (Hewlett Packard Enterprise)coreTechnology or IntegrationEnterprise server and storage solutions partner for mission-critical infrastructure deployments.
• MicrosoftcoreTechnology or IntegrationSoftware partner providing operating systems, productivity software, and cloud platform technologies.
• CiscocoreTechnology or IntegrationNetworking partner providing routers, switches, and unified communications solutions. Telnet became a Cisco Pioneer Partner in 1995.
• SWIFTcoreTechnology or IntegrationSWIFT Ready Service Partner providing connectivity, onboarding, support, and Service Bureau solutions for global financial transactions.
• HoneywellcoreTechnology or IntegrationBuilding management and automation solutions partner for intelligent building implementations.
• OraclecoreTechnology or IntegrationEnterprise database and applications partner for software implementations.
• RiverbedcoreTechnology or IntegrationNetwork performance solutions partner for WAN optimization and network visibility.
• HikvisioncoreTechnology or IntegrationVideo surveillance and security camera solutions partner for physical security implementations.
• GeneteccoreTechnology or IntegrationPhysical security and video management systems partner.
• MotorolacoreTechnology or IntegrationProfessional mobile radio and communications solutions partner.
• IntelsatcoreTechnology or IntegrationSatellite communications partner for VSAT and satellite connectivity solutions.
• VMwarecoreTechnology or IntegrationVirtualization and cloud infrastructure partner for Softworks enterprise solutions.
• Axis CommunicationscoreTechnology or IntegrationNetwork video surveillance cameras and solutions partner for iTECO security implementations.
• BoschcoreTechnology or IntegrationSecurity and audio solutions partner for building security implementations.
• DahuacoreTechnology or IntegrationVideo surveillance and security camera solutions partner.
• IBMcoreTechnology or IntegrationEnterprise hardware and software solutions partner for infrastructure deployments.
• MitelcoreTechnology or IntegrationUnified communications and business phone systems partner.
• PaxtoncoreTechnology or IntegrationAccess control and door security solutions partner.
• PolycomcoreTechnology or IntegrationVideo and voice conferencing solutions partner.

Scale indicators3 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• Accenture Nigeria: Accenture is a global systems integrator with a Nigerian presence serving the same tier-1 banks, oil & gas majors, and government agencies that Telnet serves, often competing on the same large-scale transformation mandates and providing an apples-to-apples broad SI comparison.
• IHS Towers: IHS Towers is a large Nigerian-born tower and telecom infrastructure operator serving MTN, Airtel, and other carriers that are also Telnet customers, making it a comparable scaled Nigerian indigenous infrastructure player with adjacent telecom exposure.
• IBM Nigeria: IBM is a core Telnet technology partner but also a broader incumbent in Nigerian enterprise infrastructure, software, and consulting, competing for the same mainframe, hybrid cloud, and digital transformation deals in banking and government.

Regional players

• ipNX Nigeria: ipNX is a Nigerian telecom and IT infrastructure provider offering enterprise connectivity, cloud, and managed services; Telnet itself was an early investor in ipNX (per its 2000 investment history) and the two overlap on enterprise network integration and managed ICT in Nigeria.
• Africa Data Centres: Africa Data Centres is a pan-African colocation and interconnection platform serving enterprise and cloud workloads, providing a regional peer for Telnet's enterprise networking, hosting, and managed infrastructure offerings across African markets.
• MainOne (Equinix Nigeria): MainOne is a West African submarine cable and connectivity operator (now part of Equinix) offering enterprise connectivity, data center, and cloud services across Nigeria and the region, competing with Telnet's enterprise telecom and connectivity solutions for the same tier-1 Nigerian enterprise base.

Emerging players

• SystemSpecs (Remita): SystemSpecs is the Nigerian fintech behind Remita, the dominant government and payroll payment collection platform, overlapping with Telnet's payments and FIRS/NIBSS-style government financial infrastructure footprint in Nigeria.
• Rack Centre: Rack Centre is a Nigerian carrier-neutral colocation data center operator serving enterprise and hyperscaler clients, comparable to Telnet's enterprise data center networking and managed infrastructure services within the same Nigerian ecosystem.

Direct peers

• Computer Warehouse Group (CWG): CWG is a leading Nigerian IT solutions and distribution company offering systems integration, managed services, and software across enterprise verticals, closely mirroring Telnet's ICT infrastructure, enterprise software, and value-added distribution model in the same Nigerian market.
• Zinox Technologies: Zinox is a Nigerian indigenous IT company providing computers, networking, e-learning, and digital infrastructure solutions to government and enterprise, making it a direct comparable indigenous Nigerian systems integrator with overlapping banking and public-sector customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks1 record

Key highlights7 records

Customer concentration

• Xx.com/telnetng

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Telnet Nigeria