With ownership of the third largest telecommunications business in Nigeria boasting about 55 million 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. Globacom introduced the per-second billing in voice calls at a time when many called it impossible and that has today become the model for all telecoms industry players in Nigeria.
The telecoms giant also launched services into Benin Republic in 2008, and has continued its spread across West Africa , with more licences 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.
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Source: MobilePunch - 🏆 8. / 63 Read more »