Business
TELECOMS firm Globacom on Tuesday clocked 20 years since it began operation in Nigeria in 2003 with the rollout of innovative and affordable telecommunication services.
The company, in a press statement in Lagos, expressed gratitude to the government, its subscribers, business partners and other stakeholders for their support for the network in the past 20 years.
It said it had been two decades of transforming the telecommunications landscape, fulfilling dreams, and positively affecting the lives of millions of Nigerians.
The statement said, “Globacom had since 2003 remained committed to providing its customers with world-class communications and digital services through constant deployment of latest technologies in line with the corporate promise to build a robust fully integrated ICT network infrastructure that would consistently deliver value to its esteemed customers.
“Glo has been at the forefront of revolutionary changes in the telecommunication sector in Nigeria. It crashed the cost of acquiring SIM cards in the country from about N25,000 to just about N200. The network also disappointed bookmakers as it launched operations on a Per Second Billing platform, a feat others had described as impossible to achieve until another five years.
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“Prominent among the innovations Glo pioneered in Nigeria are Blackberry, Multimedia Messaging Service (MMS), Magic Plus, Glo Direct, Glo Fonepals, Africhat, Glo Mobile Internet, GloFleetmanager, M-Banking and Glo Mobile Office. Glo was also the first to launch 2.5G, 3G and 4G LTE networks. It also singlehandedly built an international submarine cable, Glo 1 to connect West Africa directly to the United Kingdom and the rest of the world. It also connects 12 nations in the West African sub region, including some of them that are landlocked.
“Glo1 is credited with crashing the cost of internet services and is today the preferred cable system by global OTT providers. It connects thousands of kilometres of national fibre to all parts of Nigeria.
“As we celebrate our achievements these past twenty years, we wish to acknowledge that Globacom’s huge success is a result of the support of millions of Nigerians. We wish to thank them for their love and patronage and for the unprecedented confidence they have consistently shown in the company.”
Globacom restated its commitment to the provision of world-class communications and digital services in line with the corporate promise it made at launch to build a world class communications and technology infrastructure that would consistently deliver value to its esteemed customers. “We will remain a catalyst for socio-economic empowerment not only in Nigeria but also in Africa. We will continue to invest massively in new technologies to exceed customer expectations,” the statement concluded.
With Mike Adenuga as its chairman and founder, the network currently has over 61 million subscribers.
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