Smile Communications Nigeria Limited
PrivateLast Round
Corporate Funding
Apr 1, 2021
Total Funding Raised
$366M
Company Overview
Smile Communications Nigeria Limited operates in Telecommunications & Networking and is based in Lagos. Its latest recorded funding round was a Corporate Funding round in April 2021.
Smile Communications Nigeria Limited is a telecommunications company that provides 4G LTE broadband internet and voice services to individual and corporate customers in Nigeria.
Sector
Telecommunications & Networking
Verticals
Internet Providers, VoIP, 5G Infrastructure
Business Model
B2C
Customer Profile
Usage-Based SaaS, Hardware Sales
AI Layer
Non-AI
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Smile Communications Nigeria Limited Comparables
Compare Smile Communications Nigeria Limited with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Spectranet Limited | 93% | |
| NatCom Development & Investment Limited | 89% | |
| 9mobile | 86% |
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Smile Communications Nigeria Limited Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Corporate Funding | Apr 1, 2021 | ||||
| Debt | Sep 8, 2015 | ||||
| VC Round | Sep 8, 2015 |
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Smile Communications Nigeria Limited Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Development Bank of Southern Africa | Debt |
| Industrial Development Corporation of South Africa | Debt |
| Al Nahla Group | Corporate Funding |
| Public Investment Corporation | Debt, VC Round |
| African Export-Import Bank | Debt |
Market signals
Structured signals derived from secondary market and firmographic data.
- Jan 21, 2026
Monthly visitors increased 75% MoM.
- Apr 1, 2021
Raised $51M with Al Nahla Group participating.
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Recent news
Latest coverage and updates
- receives_financingSep 1, 2026
On Apr 1st '21, Smile receives $51M in funding for operations in Nigeria.
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Smile Communications Nigeria Limited Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
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Frequently Asked Questions
Common questions about Smile Communications Nigeria Limited's valuation, stock price, and market status.
Is Smile Communications Nigeria Limited a public or private company?
Smile Communications Nigeria Limited is a private company.
What is the current stock price of Smile Communications Nigeria Limited?
Smile Communications Nigeria Limited is a private company, so its shares have no public market price. Caplight tracks Smile Communications Nigeria Limited's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Smile Communications Nigeria Limited worth (valuation)?
Valuation information for Smile Communications Nigeria Limited is not publicly available.
Can I buy Smile Communications Nigeria Limited stock?
Smile Communications Nigeria Limited shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Smile Communications Nigeria Limited's last funding round?
Smile Communications Nigeria Limited's most recent funding round was Corporate Funding on April 1, 2021.
Who are the main investors in Smile Communications Nigeria Limited?
Key investors in Smile Communications Nigeria Limited include African Export-Import Bank.
Will Smile Communications Nigeria Limited IPO soon?
No public IPO plans have been announced for Smile Communications Nigeria Limited.
How can I track Smile Communications Nigeria Limited secondary market activity?
Caplight tracks bids, offers, and trades in Smile Communications Nigeria Limited's shares on secondary markets.