Globacom
 |
|
| Private | |
| Industry | Telecommunications |
| Founded | 2003 |
| Headquarters | Lagos, Lagos State, Nigeria |
|
Key people
|
Mike Adenuga (Chairman) Paddy Adenuga (Group Executive Director) Bella Disu (Group Executive Director) |
| Products | Mobile Networks, Telecom services, etc |
| Revenue | $ 1.178 billion (2013) |
|
Number of employees
|
2,545 (June 2009) |
| Website | www.gloworld.com |
Globacom Limited (or GLO) is a Nigerian multinational telecommunications company headquartered in Lagos. GLO is a privately owned telecommunications carrier that started operations on 29 August 2003. It currently operates in four countries in West Africa, namely Nigeria, Republic of Benin, Ghana and Côte d'Ivoire. As of June 2009, the company has employed more than 2,500 people worldwide.
GLO has an estimate of over 34 million subscribers (April 2016) of which 26 million are internet subscribers and it is a 100 percent Nigerian owned company.
GLO built an $800 million high-capacity fibre-optic cable known as Glo-1, a submarine cable from the United Kingdom to Nigeria.
GLO is privately owned by the Mike Adenuga Group which also consists of ETB, now merged with the Sterling Bank, Conoil PLC, a petroleum marketing company, and Conoil Producing, a crude exploration company.
Glo Mobile, a subsidiary of GLO, is GLO’s Mobile Network Unit. In the first year of operation, it had one million subscribers in over 87 towns in Nigeria and over 120 billion Naira in revenues. Glo Mobile has now spread to other African countries, namely Benin and Ghana.
Glo Gateway, a subsidiary of GLO, is GLO’s International Wholesale Voice and Data Exchange Trading Business Unit. Due to an expansion program which took place in 2008, Glo Gateway now covers 140 countries under its roaming services, and it is currently connected to 235 networks. 2008 also saw growth in Glo’s data roaming for mobile phones, laptops and BlackBerry handsets, which has now spread to 72 networks in 29 countries. This now gives GLO the largest roaming coverage for voice and data in Africa. Glo Gateway recently acquired a license in Côte d'Ivoire.
As a part of GLO’s service offering, Glo Broad Access will be improved by the laying of the fibre optic cable for the metro ring, which is progressing steadily. The Glo Broad Access was launched on the 24th of November 2009. Glo Broad Access offers landline telephones, broadband internet and video, all on a single digital wire line.
...
Wikipedia