Wednesday, August 31, 2011
Glo Partners With UBA's Afripay For Mobile Money Service
Tuesday, August 30, 2011
Nigeria Working on New NITEL Privatisation Bid
Nigeria’s Bureau of Public Enterprises (BPE), the agency tasked with overseeing the privatisation of fixed line incumbent Nigeria Telecommunications (NITEL), is finalising the process for a negotiated sale of the telco, after the latest attempt to privatise the ailing company was cancelled earlier this year.
Nigerian newspaper The Punch cites a spokesman for the BPE, Mr. Chukwuma Nwoko, as saying that the bureau is working out the details for the sale of NITEL and its mobile arm M-Tel. He also confirmed that a number of potential core investors had shown interest in the exercise but declined to disclose the identity of the firms.
In the last month, initial bidder Brymedia Consortium, local firm Syntel and Microfone Telecom Nigeria, an initiative of the Nigerian Capital Development Fund, have all reportedly expressed an interest in acquiring NITEL and M-Tel.
Meanwhile, Mike Adenuga, executive chairman of Nigeria’s second national telecoms operator Globacom, allegedly approached the government to purchase a stake in NITEL via a vehicle established especially for the deal.
Earlier this month that the BPE was given government approval to embark on a negotiated sale of NITEL, after the latest attempt to privatise the firm was cancelled in June 2011 when the reserve bidder, British Virgin Islands-based Omen International, failed to meet the deadline to pay a bid security. Omen was invited to re-register its interest in buying NITEL in March 2011, as preferred buyer New Generation Telecommunications repeatedly missed the payment deadlines for its bid of USD2.5 billion.
Omen offered USD956.9 million during the latest attempt to privatise the company, held in February 2010. The government began seeking a buyer for a minimum 75% of NITEL and 100% of M-Tel in July 2009 after previous majority shareholder Transcorp divested its stake earlier in the year.
Thursday, October 28, 2010
Glo-1 Launched
The 9,800km cable stretches from the UK across West Africa and has landing points in Nigeria, London and Lisbon, connecting 17 countries to the rest of the world. Globacom’s chairman, Mike Adenuga Jnr, said Nigerians will now have the opportunity to compete with the rest of the world, while broadband access and other services, such as long-distance voice, will now become more affordable in the country.
Globacom contracted Alca-Lu to install the cable system in 2005, in order fill the void of international connectivity in the region. The USD250 million cable landed in Lagos in September 2009 and Accra in Ghana the following month, and has been ready for commissioning since July 2010. The cable has ultimate capacity of 2.5Tbps and is expected to provide faster, more reliable internet services at a lower cost.
Tuesday, August 3, 2010
Ghana Says Glo Is Free To do Business
In May this year Nigeria-based Globacom which is itself majority owned by Nigerian petrochemical firm Conpetro, a venture of the entrepreneur Mike Adenuga, threatened to exit Ghana in the face of what it termed ‘interests’ seemingly hell-bent on sabotaging its nationwide launch plans.
At the time an unnamed source claimed that since Glo Mobile was awarded its GSM frequencies by the National Communications Authority (NCA), it has faced obstacles in terms of seeking approval for the swift deployment of its base stations, an encroachment on the frequencies it was awarded by the NCA and the repeated vandalism of its advertising billboards.
However, the minister has told Business Day that all obstacles to the telco’s operation in Ghana have now been removed. ‘To the best of my knowledge from the communications authorities, there were two issues with regards to Glo. The frequency that they were assigned to was not available because it was being partially used by the national security apparatus. But that frequency has been available to them since January, and so at the moment if they want to start their business it is possible for them to do so,’ she said.
Tetteh also went on to clarify the issue of Glo’s problems in securing permits to erect telecoms towers. ‘There was no ban on Glo,’ she said. ‘As at last year, we put a ban on the erection of new telephone masts. We did this because of the quality of the infrastructure and the hazardous way they were being put up in all sorts of locations.’ As such the minister claims the ban was on the industry as a whole and not designed to single out the would-be newcomer.
Thursday, July 15, 2010
Glo Secures Gambia Licence
On receiving the licence, Glo’s executive director for human resources Adewale Sangowawa said: ‘This adds impetus to our desire to provide the West African sub-region with an excellent communication network and cost-effective voice, data, video and e-commerce services.'
The licence allows Globacom to land its Glo 1 trans-Atlantic submarine cable in Gambia, with opportunities to extend the infrastructure to neighbouring countries. It also gives the company the right to carry traffic for major operators, the government and wholesale customers in Gambia.
Thursday, July 8, 2010
Glo-1 Is Ready For Launch
End-to-end testing of Glo-1, conducted in London and Lagos, has been successful, and according to Globacom's COO Mohamed Jameel, the commissioning process will begin by mid-July. ‘Glo-1 will provide the needed opportunity for West African countries and indeed Africa to leap forward economically through an excellent communication network and cost effective voice, data, video and e-commerce services across Africa, Europe and rest of the world,’ a statement from Globacom announced.
Globacom contracted Alca-Lu to install the cable system in 2005, in order fill the void of international connectivity in the region. The USD250 million cable landed in Lagos in September 2009 and Accra in Ghana the following month (increasing fibre-optic capacity in that country from 120Gbps to 640Gbps). The cable has ultimate capacity of 2.5Tbps and is expected to provide faster, more reliable internet services at a lower cost.
Thursday, June 3, 2010
Glo Gets Senegal Licence
Local newspaper This Day quotes the Nigerian firm’s chairman Mike Adenuga Jr as saying that the licence would enable his company to offer ‘world class telecommunications services’ to the government and people of Senegal. ‘In line with our vision, Glo will continue to play a major role in stimulating a new era of prosperity in the sub-continent and build facilities that will offer Africa advanced telecoms services such as teleconferencing, distance learning, disaster recovery, telemedicine, on-line diagnosis and video conferencing during surgery and research,’ Globacom added in a statement.
The Nigerian company also holds operating licences in Nigeria, Ghana, Benin Republic and Cote d'Ivoire, but as reported recently, has threatened to exit the Ghanaian market citing sabotage as the reason.
Monday, May 31, 2010
MNP To Begin In Nigeria During H2
Monday, May 24, 2010
Glo Fails to Glow In Ghana?
The unnamed source told the paper that since Glo Mobile was awarded its GSM frequencies by the National Communications Authority (NCA), it has faced obstacles in terms of seeking approval for the swift deployment of its base stations, an encroachment on the frequencies it was awarded by the NCA and the repeated vandalism of its advertising billboards.
The cellco’s officials claim that its efforts to effect a speedy rollout have been undermined by ‘some forces’ which have been ‘deliberately working around the clock to cripple its operation and prevent it from rolling out quickly, to the detriment of the Ghanaian society’.
Thursday, March 18, 2010
Ghana Halts Issuing of New Licences
NCA director general Bernard Forson made the announcement to parliament last week, during a Public Accounts Committee scrutiny into the regulator’s audited report for 2005. Explaining the decision, Forson said that the country’s limited spectrum resources had already been allocated to the country’s six incumbent mobile operators, and therefore there was no room for market entrants.
Although Glo Mobile has yet to launch its operation, the other licensed cellcos - MTN, Vodafone, Zain, Tigo and Kasapa – are said to be ‘competing fervently for customers’. Despite the apparent lockdown, the director general did say that there was room for new companies wishing to offer data-only services which, Forson noted, would help to drive up the proliferation of the internet in Ghana.
Tuesday, March 16, 2010
Nigeria Probes Nitel Bidders
The government began seeking a buyer for a minimum 75% of NITEL and 100% of its mobile unit M-Tel in July 2009 after previous majority shareholder Transcorp divested its stake earlier in the year. After much delay, financial bids opened on 16 February 2010, but only six of the 14 pre-qualified consortia met the 5 February deadline for the submission of technical and financial proposals: Brymedia; AF21/Spectrum consortium; MTN Nigeria; Globacom Nigeria; Omen International; and New Generation Telecommunications. After announcing New Generation as the preferred buyer, the Bureau of Public Enterprises (BPE) revealed that the company was backed by China Unicom, a claim that was quickly denied by the Chinese company, which insisted that its involvement only extended to an interest in offering technical and managerial support.
Monday, February 22, 2010
Minerva Group Backs Nitel Consortium
The Nigerian government began seeking a buyer for a minimum 75% of NITEL and 100% of its mobile unit M-Tel in July 2009 after previous majority shareholder Transcorp divested its stake earlier in the year. Prospective investors were invited to acquire either at least 75% equity in the entire NITEL conglomerate or a stake in one or several of its components, including M-Tel, submarine fibre-optic cable division SAT-3, the company’s domestic fixed line infrastructure, its national fibre-optic transmission backbone, and its CDMA network. Financial bids opened on 16 February 2010, but only six of the 14 pre-qualified consortia met the 5 February deadline for the submission of technical and financial proposals: Brymedia; AF21/Spectrum consortium; MTN Nigeria; Globacom Nigeria; Omen International; and New Generation Telecommunications.
Wednesday, February 17, 2010
China Unicom Consortium Wins Nitel Bid
After the bid is approved by the privatisation council, the group will have ten days to pay 30% of the purchase price and a further 50 days to pay the remaining sum. The reserve bidder has been announced as Omen International (BVI), which offered USD956 million.
Financial bids for the privatisation of NITEL opened on 16 February 2010, but only six of the 14 pre-qualified consortia met the 5 February deadline for the submission of technical and financial proposals: Brymedia; AF21/Spectrum consortium; MTN Nigeria; Globacom Nigeria; Omen International; and New Generation Telecommunications.
The federal government began seeking a buyer for a minimum 75% of NITEL and 100% of its mobile unit M-Tel in July 2009 after previous majority shareholder Transcorp divested its stake earlier in the year. Prospective investors were invited to acquire either at least 75% equity in the entire NITEL conglomerate or a stake in one or several of its components, including M-Tel, submarine fibre-optic cable division SAT-3, the company’s domestic fixed line infrastructure, its national fibre-optic transmission backbone, and its CDMA network.
South Africa's MTN was among the bidders, but only for a stake in the SAT-3 underwater cable, for which it offered USD25 million. According to local daily Leadership, Globacom was disqualified from the process as it already holds a licence as Nigeria’s second national carrier.
Tuesday, February 16, 2010
Glo Launch Date In Ghana Not Certain
Iddrisu said he had taken it upon himself to order the telecoms regulator, the National Communications Authority (NCA), the National Bureau of Communications and Globacom’s appointed equipment supplier, ZTE Corporation of China, to ensure that everything was in place to allow Globacom to use the necessary 800MHz spectrum within 14 days.
However, sources close to the start-up suggest the firm is not looking to start operations next month. A report in ghanabusinessnews.com quotes an unnamed person familiar with the situation as saying only that the company was planning to launch its services this year.
Tuesday, February 9, 2010
Nigeria To Open NITEL Bids On 16 February
According to the BPE, only six of the 14 pre-qualified consortia met the 5 February deadline for the submission of technical and financial proposals, and will therefore be able to submit bids for the minimum 75% stake. The successful candidates are: Brymedia; AF21/Spectrum consortium; MTN Nigeria; Globacom Nigeria; Omen International; and New Generation Telecommunications (formerly known as Telefonica Consortium).
The federal government began seeking a buyer for a minimum 75% of NITEL and 100% of its mobile unit in July 2009 after previous majority shareholder Transcorp divested its stake earlier in the year. The original deadline for the submission of technical and financial bids was 2 October 2009, but this was pushed back to 26 October due to the complexity of the process, and then again to 5 February 2010 to allow for additional time for prospective investors to conclude due diligence.
Prospective investors are invited to acquire either at least 75% equity in the entire NITEL conglomerate or a stake in one or several of its components, including M-Tel, submarine fibre-optic cable division SAT-3, the company’s domestic fixed line infrastructure, its national fibre-optic transmission backbone, and its CDMA network.
Tuesday, April 28, 2009
Fraudsters in Nigeria Resort to Phones
The company in a text message to its subscribers on Saturday, read, “Dear customer, please ignore any SMS telling you that you have won N1m and asking you to log to www.zainnigeria.net.ms for your winnings. This is not from Zain.”
Zain Nigeria’s official website is: www.ng.zain.com
As a fraud alert, the company had stated on its website that, “In view of somewhat regular fraudulent messages being sent out on redeeming gifts in purported Zain promotions, we would like you to take note of the following information to prevent our esteemed subscribers from falling victim of these fraudsters:
Subscribers will be contacted only through the following ways:
“SMS from ‘Zain’; Phone call from 08021900000 or Zain staff line having the prefix 0802222****; Information of winners published on our website or in the press.
Communication to winners via SMS will always have Zain as the originator ID.”
According to the telecoms company, “We will never request that subscriber’s part with any belonging in order to redeem prizes (either in form of cash or forwarding of messages to other subscribers).
“We strongly advise our customers to always verify the authenticity of any suspicious/alleged text or email supposedly from Zain and relating to any bonanza, promotions or offer by calling our customer service on 111 or send an email to the subscriber fraud unit - fraudmanagement@ng.celtel.com or call 070800FRAUD.”
Tuesday, April 14, 2009
Nigerian Mobile Market in Full Throttle


Tuesday, March 31, 2009
Glo Mobile Blames Environment Body for Delay in Ghana Roll-out

Thursday, March 5, 2009
Nigeria Mobile Users Up by 55.9%, Hit 63m mark
