A 24-Year-Old's Telecommunications Company Is Now Valued At $5.9 Million
Photo Credit: Photo: Chaymeriyia Moncrief

A 24-Year-Old's Telecommunications Company Is Now Valued At $5.9 Million

Phone bills can get outrageously high as fees tag on throughout the month. That’s why 24-year-old Chaymeriyia Moncrief started her own telecommunications company to help customers avoid unexpected fees with their bills. 

Tesix Wireless launched in December to give customers more transparent billing.

“You go in and they say your phone bill is going to be $98, but you are getting a $150 or $200 bill. I think the final straw for me was a $235 bill, and that is when I said I want my own company,” Moncrief said to WSFA 12 News.

The company currently offers prepaid services, but Moncrief plans to expand in the coming years.

Tesix Wireless offers four phone plans ranging from $25 to $60 per month. Each plan includes unlimited talk, text and 4G data. The $45 and $60 plans also include at least three months of free Netflix when users sign up.

Entrepreneurship is not new to Moncrief — during her teenage years, she started her own branding and design company, Sxteen Design Studio. Moncrief joins Marshawn Lynch in entering the telecommunications industry. Lynch announced last year that his phone company Beast Mobile would partner with Fam1st Family Foundation for a project to provide the homeless in Oakland, Ca. and Seattle with smartphones.

According to WSFA, Moncrief’s company is currently valued at $5.9 million and she said that she is excited to see what the company will do in the future.

“I can only imagine where it will be 6 months to a year from now,” Moncrief told WSFA 12 News.