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no the team gave an update that due to elections the license got delayed he shared that on cajutel telegram group
They do not have a license. But they collect money. I wonder for what? To get the license and build up the infrastructure of course. Its all well documented in the whitepaper.
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Dear all For technical reasons, we had to do a TOKEN SWAP. This means we have replaced the Cajutel Token with a new token. This was necessary in view of making it properly tradeable. The old CAJ contract has now been locked and replaced with a new smart contract: New Token: 0x3c6a7ab47b5f058be0e7c7fe1a4b7925b8aca40e All token holders of the old contract, now have automatically received a new token with the above address. Please add above smart contract address to your wallet to see the new token automatically assigned to you. So use the new token from now on. If you have any issues, let us know. Andreas Fink CEO & Founder Cajutel Sarl www.cajutel.io / www.cajutel.gwinfo@cajutel.com
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ICO Update
Dear Investors,
Our ICO has ended this morning. We have collect substantial investments the last few days but not really enough to start the full project but enough to start the key preparations.
We will thus suggest the following procedure to all of you.
We reopen the ICO under the same existing conditions for approimately another 2 weeks until 1. December 12:00 GMT while we prepare the token to be listed in various exchanges which will be traded about another week later. We will announce details.
Regards
Andreas Fink Founder & CEO Cajutel Sarl
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how many investors already have and how much has already been collected?
hudrets of investors. Enough cash has been received to finalize the license which we are currently working on. We make good progress last 10 days. More to come
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What is the situation with raising funds today? The project looks very promising, but perhaps not enough marketing efforts?
Feel free to help us in spreading the word. We can use more marketing for sure (and we work very hard on that too). Some good news is lurking around the corner which we hope to share in a couple of days.
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Orange is slow in that region as all decisions have to go back to France. Also they are more interested to milk the africans than to provide competitive services. They have more political leverage in Senegal than in guinea-bissau where everybody complains about them
They provide bad service? They provide "ok" service for telephony, but extremely slow and expensive GPRS internet
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Facebook link broken
Ignore facebook, It's useless. Telegram works best to talk to us. Or email.
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Oh orange is going to be a tough competitor. I'm suprised they haven't already done this there
Orange is slow in that region as all decisions have to go back to France. Also they are more interested to milk the africans than to provide competitive services. They have more political leverage in Senegal than in guinea-bissau where everybody complains about them
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Am i correct to assume that the main coverage will be in the bigger cities at start?
Of course it makes commercially sense to start where the biggest population is. To serve Bissau (500k people) first, we must bring capacity over the border (250km) so there will be some smaller villages first due to that. Has the market Research been done? Do we Know these small villages are financialy a good target? The small villages before Bissau are just a side effect due to the construction path. The key is to get the capacity into Bissau and spread out from therey We might not even start the offering before.
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Am i correct to assume that the main coverage will be in the bigger cities at start?
Of course it makes commercially sense to start where the biggest population is. To serve Bissau (500k people) first, we must bring capacity over the border (250km) so there will be some smaller villages first due to that.
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Since there's no 3g capability there, even the plain 3g woud be good. up to 7 mbps
True but modern 4G LTE base stations are not more expensiveand make more efficient use of the spectrum. LTE advanced can even go to 1gbit/s and above in some cases.
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So, there is gone be fight for market share... I think everybody will have own market and people will be happy with our provider
thx for sharing
no there is not a fight. there is 98% untapped market. The key is access to bandwidth which we have but the existing players dont Are you sure? You said MTN and Orange will be there... And they not gone fight for bigger piece of cake??? They probably will get a piece of the cake but they have to invest same anounts or more. And there is plenty of cake left for everyone. Fights start when you want to take away customers from the competitors. Here we take up new cusomers who never used the internet before. Speed is the key there. Serve them first and serve them well and they stay your customers forever.
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So, there is gone be fight for market share... I think everybody will have own market and people will be happy with our provider
thx for sharing
no there is not a fight. there is 98% untapped market. The key is access to bandwidth which we have but the existing players dont
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So you expect just 14% share, how else is present on this market? In the space where we enter, the market is 98% empty today and the rest is occupied by MTN and Orange on 2G GPRS and a bit of old Wimax. See whitepaper ( http://www.cajutel.gw/whitepaper.pdf) under "4.2 Competitor Analysis".
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Kiwi, hypothetical question, if the ICO does not sell out, whats the plan for those leftover ICO tokens?
Also, the assumption for me is that if this ICO does not reach funding phase 4 than all contributions will be refunded correct?
see FAQ on cajutel.io
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