Mike Adenuga Net Worth is$4,600 $Million
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Num Employees: 2,545 (June 2009)/ industry
Globacom Limited (or GLO) is a Nigerian multinational telecommunications company headquartered in Lagos, Nigeria. 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 CA?te d'Ivoire. As of June 2009, the company has employed more than 2,500 people worldwide.
GLO has an estimate of over 25 million subscribers (June 2009) and it is a 100 percent Nigerian owned company. It has a reputation as one of the fastest growing multi-national carriers in the world.
GLO is the first sole company to build an $800 million high-capacity fibre-optic cable known as Glo-1. It has the first successful submarine cable from the United Kingdom to Nigeria; and it has the potential to decrease telecommunications cost and provide excess bandwidth to all the countries connected to the cable.
GLO is privately owned by the Mike Adenuga Group which also consists of Equatorial Trust Bank (ETB)now Sterling Bank, Conoil PLC, a petroleum marketing company, and Conoil Producing, a crude exploration company.
Glo Mobile, a subsidiary of GLO, is GLOa??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 its reach to other parts of Africa, namely the Republic of Benin and Ghana.
Glo Gateway, a subsidiary of GLO, is GLOa??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 Gloa??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 CA?

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Mike Adenuga Latest News

Mahama decorates Adenuga with highest national award

The Government of Ghana, on Saturday, 29th October, 2016 conferred its highest civil national award of “The Companion of the Star of Ghana (CSG)” on Globacom Chairman, Dr. Mike Adenuga, Jr. The event was held at the Accra International Conference Centre.
Posted: October 30, 2016, 2:39 pm

Dangote, Adenuga, Others Make Forbes List

Others on the list are Chairman of Globacom, Mike Adenuga, who came in seventh position. Business woman and the only female from Nigeria on the list, Mrs Folorunsho Alakija, came in at 13th while Forte Oil Chairman, Femi Otedola was 16th. Also, Founder of ...
Posted: November 19, 2015, 2:25 pm

I never had cancer, Paul Play clears the air

It was an extensive treatment and people like Dr. Mike Adenuga were there for me; I had friends who rallied around me so I did not have to go to the public to solicit for funds. It couldn’t have been that bad that I would not be able to take care of ...
Posted: December 8, 2017, 5:07 pm
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