With ownership of the third-largest telecommunications business in Nigeria boasting about 55million subscribers , Mike Adenuga sealed his place in the sands of time and forever revolutionised operations in the Nigerian telecommunications space.Globacom received its first license in 1999. Later revoked, the company was reissued another license in 2003 after a government auction.
The telecoms giant also launched services into the Benin Republic in 2008 and has continued its spread across West Africa , with more licenses currently being prospected in other West African countries. In 2015, Mike Adenuga made a takeover bid to purchase Ivorian mobile telecom’s operator Comium Côte d’Ivoire for $600 million.
Nigeria’s second-richest man, Mike Adenuga built his fortune in oil and telecoms. Today, Globacom Limited or Glo as it is fondly called operates as a telecommunications service provider, offering international and voice calling, sms, high-speed internet, ADSL for homes, and fixed landline services, as well as other telecoms solutions. Globacom, as of the time of writing this article, serves customers in the United Kingdom, Nigeria, Benin Republic and Ghana.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: PremiumTimesng - 🏆 3. / 78 Read more »