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Globacom: World Class Institution Made in Nigeria

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When Dr. Mike Adenuga Jr. proudly pulled the curtain to reveal Globacom after winning the Second National Operator (SNO) license in August 2002, the stage was set for the making of what is now the best brand ever made out of Nigeria.
Driven by patriotism, Globacom, has become a national character with world class outlook.
Globacom is much more than a national symbol; it is everything good in Nigeria.
The company’s promise is as good as its ability to deliver on it.
With the self-confident vision of the chief promoter, Globacom is now building biggest and best telecommunications network in Africa.
The principal business strategy to achieve this vision is expansion.
Road to Success
The amazing success of Globacom in the telecommunications sector has been a cause for national celebration and he has become an idol to Nigerian youths.
It came with determination and tenacity.
Remember that Dr Adenuga’s marks in oil and gas as well as banking and indeed the nation’s economy have been legendary, his venture into the telecommunications industry however a lot of ebbs.
In 2001, he ventured into telecommunications and began his search for a GSM licence, which he won.
A frequency allocated to him and his Communication Investment Limited (CIL) was encumbered and became subject of litigation.
CIL paid an initial US $20 million non-refundable deposit for the bidding and was only informed of problems associated with the licence at the point of payment by its bank, BN Paribas of France.
But CIL had paid the initial US $20 million non-refundable deposit for the bidding and was only told about the problematic license at the point of payment by its bank, BN Paribas of France.
While, he was struggling to regain his lost license, other licensees were busy deploying men and material for the launch of operations. Then, he saw a new window of opportunity, the National Operator License.
This was going to give him the GSM license, which he lost, a fixed and fixed wireless license, a gateway license and an online license. He went for it. Again, he was lucky. He won.
But his competitors had gone miles ahead. He plunged in and has now overtaken most of the early starters. He is currently dictating the pace and the tenor of the game.
How Globacom Got it Right
Globacom is credited for the first major tariff reduction in the country because before it launched a prepaid line was as expensive as N16, 000. Globacom cut that to N1, 999.
The company cut cost by 30-50 per cent, to N15-N20 per minute for frequent callers.
It did not stop there, Globacom is leader in innovation and that is a key to Globacom’s growth.
It is clearly a leader in the Nigerian market with respect to customer orientation.
Its unique marketing plans, product and tariff packages as well as superior service offering combined have made Globacom a world class company.
Many Firsts
First to introduce per-second billing (while other operators claimed it would only be possible by 2007);
•launched Txt2Email, a
service to send text messages from a mobile to any email address, and vice versa;
•offered Multimedia
 Messaging Service (MMS);
•launched a mobile e-mail service with the Blackberry solution, thanks to Alcatel’s partnership with RIM;
•Magic Plus, a service to access information, business, sports and entertainment news;
•Glo Direct, which uses a mobile phone as a laptop modem via Globacom’s GPRS coverage;
•Glo Mobile Internet, via WAP and GPRS;
•Glo Fleetmanager, a vehicle tracking solution;
•M-banking, giving subscribers access to their bank accounts from their mobile phones.
The Big Bang
Driven by patriotism and desire to slash the high cost of bandwidth in Nigeria, Globacom is laying a 9,500-kilometre submarine telecommunications cable to connect Africa with Europe and the United States.
The submarine cable project, which is costing about $250m, will run from London to 14 West African countries, with a dedicated link to the United States.
 It is expected to reach Ghana this year and shortly after, Nigeria.
The completion of the project will revolutionise telecoms services on the continent, and make them truly affordable to individuals and corporate bodies. It will also enable more services and products to be introduced by Globacom.
Aside developing Glo 1, Africa’s first private submarine fibre optic cable, Globacom is building one of the biggest and best telecommunication network in Africa
Pan African Company
Globacom is rolling out simultaneously across the West African countries from Ghana to Benin Republic; the Nigerian company is building world dream network.
In the build up to its dream of becoming a Pan African operator, Globacom is relying on its technical superiority, and ability to roll out quickly and effectively.
And the Chief Driver
Adenuga, has penchant for building something out of nothing. He is a quintessential businessman.
He is the sterling example of the type of business grit and entrepreneurial skill Africa needs to Cheeta pole vault its economies
A serial optimist, Adenuga, sees business where others do not. He has his hands in every good pie in the country.
Ingenuity is his second name because he started making money very early in life and has never looked back.
Adenuga described by former president of Ghana, John Kufor as a pride to Africa and a beacon of hope to the continent is a philanthropist of note.
Adenuga, 54 years old and a multibillionaire, is son of the late Ma Oyinkansola Adenuga, a wealthy trader.
Though son of a wealthy trader, he started the art of making money as a student in the United States where he took on two jobs — as a taxi driver and security guard — to sustain himself in school.
He is a man with the confidence for getting the proverbial honey out of the rock.


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Airtel Nigeria Leads Telecom Market Surge

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In a recent revelation from the Nigerian Communications Commission (NCC), Airtel Nigeria has emerged as a standout performer in the country’s telecommunications sector, marking significant gains in market share over the past year.

According to the NCC data, by the end of March 2024, Airtel Nigeria has grown its market share over the last year into a remarkable 29%, solidifying its position as a leading telecom provider in the region.

In stark contrast, other mobile network operators such as MTN and 9mobile have faced considerable setbacks, with MTN witnessing a notable 3.19% decline in market share and 9mobile experiencing a 0.5% decrease.

Even Glo, a prominent player in the market, saw a decline, albeit less pronounced, with a 0.58% drop in its share of internet subscribers.

Airtel Nigeria’s success story goes beyond market share gains. The company has also witnessed a substantial surge in its share of internet subscribers, boasting an impressive 165% basis points increase.

This surge correlates with the launch of Airtel 5G, which the company began rolling out in June 2023 and underscores the telco’s continued push to grow its customer base nationwide.

Airtel Nigeria’s ascendancy in the telecom market comes at a pivotal moment when mobile network operators face challenges of rising operations cost and exchange rates volatility. The company’s recent results solidify its position as a frontrunner in Nigeria’s telecom landscape.

 


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Airtel Boosts NIPR Public Relations Week with Onsite Unlimited Data Connection

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Telecommunications service provider, Airtel Nigeria has collaborated with the Nigeria Institute of Public Relations (NIPR) to provide with unlimited internet access at the institute’s inaugural edition of the Nigeria Public Relations Week.

The trailblazing event themed ‘Leveraging Public Relations as a Critical Asset for Nigeria’s Economic and Reputation Renaissance’ is set to run from Monday, April 22nd to Friday, April 26th, 2024, and will welcome thousands of delegates across Nigeria to the prestigious June 12 Cultural Centre, nestled in the heart of Abeokuta, the Ogun State capital.

Speaking on the strategic collaboration, Femi Adeniran, Director, Corporate Communications and CSR, Airtel Nigeria, expressed enthusiasm about the partnership, stating, “Airtel is proud to support the Nigeria Institute of Public Relations in its endeavor to advance the field of public relations.

“The relevance of public relations practice in Nigeria cannot be overstated, as it plays a vital role in shaping perceptions, managing reputations, and influencing public opinion. Hence, our support is a demonstration of our commitment to empowering individuals and organizations with innovative solutions that drive progress and create an enabling society.”

According to NIPR, through the PRWeek Organizing \Committee Chairman, Mr Yomi Badejo Okusanya, the NPRW will gather over 2,000 experts in the fields of economics, PR, and nation-building to discuss strategies for effectively communicating government policies and initiatives to the public.

Other activities at the NPRW will include conferences, the annual general meeting, workshops, induction of new members, breakout sessions with students as well as traditional rulers and a tour of some legacy projects in Ogun state.

With Airtel’s provision of onsite unlimited data connection, attendees and participants can enjoy unparalleled access to online resources, real-time updates, and interactive engagements throughout the duration of the event. This will significantly support the exchange of ideas, foster networking opportunities, and elevate the overall experience for all stakeholders involved.

Airtel Nigeria remains committed to offering unwavering support for initiatives aimed at driving innovation, collaboration, and nation-building.


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World Earth Day: Kuda Partners with Wecyclers to Clean up Communities in Lagos

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In a landmark partnership aimed at promoting sustainable waste management practices, Kuda Microfinance Bank and Wecyclers collaborated to commemorate World Earth Day on April 22, 2024. The collaboration featured a series of impactful activities designed to raise awareness and foster environmental stewardship.

The activities on the day included a webinar session facilitated by renowned expert in environmental management and head of ESG at Wecyclers, Omobolanle Olowu, during which she shared startling data on plastic pollution in Nigeria. She also discussed the importance of proper waste management and its significance in preserving the planet for future generations, providing valuable insights and practical tips on reducing, reusing, and recycling waste.

In a published study on plastic pollution in Nigeria, the country ranked ninth globally for plastic pollution with an estimated 2.5 million tons of plastic waste generated annually and less than 12% of those waste materials recycled.

Also on the day, Kuda staff volunteered for an environmental cleanup exercise, during which they took to parts of Apapa Road, Ebute Metta to empty gutters and collect plastics and other recyclable materials for recycling.

In addition, volunteers from Kuda gained firsthand knowledge of innovative waste management solutions during a guided tour of Wecyclers’ facility in Ebute Metta. The tour showcased Wecyclers’ pioneering efforts in recycling and waste upcycling, demonstrating how technology can be leveraged to address environmental challenges effectively.

Speaking about the collaboration, Emmanuel Femi-Adejobi, Senior Brand Manager at Kuda, expressed enthusiasm for the partnership’s potential to drive positive change. “We [Kuda] are committed to promoting sustainability and environmental consciousness. We also believe that our responsibility is not only to our customers and other stakeholders but also the environment that we all share. Partnering with Wecyclers allows us to inspire communities to adopt eco-friendly practices,” he said.

“Our initiatives towards achieving a sustainable environment and achieving a green earth goes beyond just recycling. We aim to inspire a broader commitment to waste minimization, reusing materials and proper sustainable waste management. As we commemorate World Earth Day, we encourage our staff, customers and general public as a whole to embrace actions that promote a green, safe earth for all,” he added.

Likewise, Esther Chibueyin Fagbo, Head, Human Resources and Partnerships at Wecyclers, emphasised the importance of collective action in addressing environmental issues. “It is very important for organisations to collaborate on initiatives that help save the environment. We are excited about this partnership because such partnerships are crucial to creating awareness and educating people about the impact of plastic waste on the planet and how they can contribute to a change that we all deserve.”

Kuda’s collaboration with Wecyclers emphasises its commitment to sustainability and championing proactive efforts through education, engagement and action to create an environmentally conscious population and a sustainable tomorrow.


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