How to Set Up a Profitable Wi-Fi Business with Starlink for ₦4.15M

If you're thinking of setting up a reliable and profitable Wi-Fi network that can serve 100 people or more at once, here’s a detailed breakdown of what you’ll need — and how much you can earn monthly.

Startup Costs:

- Starlink Internet Kit – ₦800,000  

- Wicrypt Gigabit Router – ₦900,000  

- Ubiquiti Nanostation M2 (3 units) – ₦450,000 (₦150,000 each)  

- Networking Accessories (LAN cables, clips, stands, rags, etc.) – ₦300,000  

- Solar Power System (for 24/7 electricity) – ₦1,000,000  

- Printer and Computer (for voucher printing and management) – ₦200,000  

- Setup and Installation Labour – ₦500,000  

Total Investment: ₦4,150,000

How the Business Works:

Once you have this setup running, you’ll be able to offer internet access to anyone within your coverage area. To control access and generate revenue, the Wicrypt router lets you create and print internet vouchers — just like buying an MTN recharge card. Users must buy a voucher to connect and browse.

You can customize the vouchers however you like:

- Daily access

- Weekly plans

- Monthly subscriptions

- Data-based packages (e.g., 10GB for ₦1,000)

Earnings Projection:

Let’s assume you charge ₦300 per user per day, and you have 100 active users daily:

- ₦300 × 100 users = ₦30,000 daily

- ₦30,000 × 30 days = ₦900,000 monthly

Your Starlink subscription costs ₦38,000 per month.

After paying for internet, your net profit would be around ₦850,000 every month.

Over one year, you could generate approximately ₦10,200,000 in revenue.  

This means you can recover your initial ₦4.15M investment and make a healthy profit within your first year.

And thanks to the solar power system, you won’t need to worry about electricity bills eating into your profit.

How Far Your Network Will Reach:

The Ubiquiti Nanostations help spread your Wi-Fi signal across a wide area:

- In open spaces (few buildings), your coverage could extend 500 to 700 meters.

- In urban areas (many houses or tall buildings), expect a coverage range of 200 to 400 meters.

This makes it perfect for community areas, estates, small towns, or rural centers.

A Note on the Setup:

The Wicrypt router is a major part of the cost. While it offers crypto mining opportunities (Wicrypt rewards), it might be considered pricey if you’re purely focused on Wi-Fi sales. You could explore cheaper router options if you don't need the crypto benefits. But if you want a second income stream from crypto, sticking with Wicrypt is a smart move.