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Glo Bags City People GSM Company of the Year Awards

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National Telecoms Carrier, Globacom Limited, recently emerged the GSM Company of the Year at the 13th City People Awards for Excellence held at the Liberty Hall, Lekki Expressway, Lekki, Lagos.
According to the City People Media Group, organizers of the event, Globacom won the GSM Company of the Year in appreciation of its revolutionary role in the telecoms sector. 
“Globacom has proved itself to be a network to be reckoned with. The company recently landed its submarine cable, Glo 1 in Nigeria and Ghana. It has also pioneered a lot of firsts since it came on board, including the crashing of the price of SIM cards to the lowest level in the industry.”
“The company also brought in new innovations like 3G Plus, mobile banking, Internet, GPRS, MMS, the Blackberry and Glo Fleet Manager. Globacom is already rolling out services in some West African countries, beginning with the Republic of Benin”.
The glamorous event rewards and celebrates worthy Nigerians and corporate citizens who have excelled in their various areas of endeavour. The 2010 edition recorded a quality attendance with the presence of the Delta State Governor and his wife as well as the Deputy Governor of Osun State, and was witnessed by the Lagos glitterati.
Globacom is Nigeria’s Second National Operator (SNO) which provides world class telecommunications solutions and offers digital mobile services (GSM), national carrier service (fixed line), international gateway and on-line services.
A wholly Nigerian owned company, Globacom was founded on a vision of being the largest, most successful entertainment, information and telecommunications solutions provider, both in Nigeria and Africa as a whole. Globacom is part of the well-established Mike Adenuga Group of companies which has significant interests in the Nigerian oil, aviation and banking sectors.
Globacom has won a number of awards since it began operations in 2003. The company has won the Thisday Company of the Year award for three consecutive years in 2005, 2006 and 2007.
It was voted Best Mobile Telephone Company and Best Telephone Company 2006 by the Nigerian Technology and Telecom Awards (NIITA). It also won the Global Excellence 2006 Company of the Year as well as West Africa’s Most Preferred Telecommunications Company of the Year 2006 award by the Institute of Direct marketing of Nigerian (IDML).
In 2005, Globacom was adjudged Best Telecom Company by the Ogun State Government, Nigeria’s Best Network in Interconnectivity and Customer Friendliness by Excel Award for Excellence, Best Mobile Company for the Year 2005 by Nigeria IT/Telecoms Awards, and GSM Company of the Year 2004 and 2005 by the National Association of Nigerian Students, NANS.
IT Editors in Nigeria had also voted Globacom as the Telecom Company of the Year 2004, while it was also pronounced the Best telecom Brand of the Year 2004 by City People Magazine. The list is as long as it is captivating.
Glo was awarded the Subscribers’ Friendly Operator award in its first year, by Nigerian Telecommunication subscribers and adjudged the network with the Lowest Call Drop Rate by Nigeria Telecom News. Industry regulator, The Nigerian Communication Commission (NCC), in 2005 declared it the network with the “Better Overall Quality of Service and Billing Accuracy”.

 


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Surge in Fibre Cuts Hobbles Service Provisioning

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Nigeria’s telecom operators recorded 155, 397 fibre-cut incidents between April and May 2026, and these they blame on why  internet or calls suddenly stop working.

Surge in Fibre Cuts Hobbles Service Provisioning

 

Data from the Nigerian Communications Commission (NCC) showed fibre-cut incidents increased from 74 276 in April to a record 79 121 in May, bringing the two-month total to the highest level recorded by the industry.

This represents a 2 428% increase from the 5 934 incidents reported during the first quarter of 2026.

Vandalism remained the leading cause of fibre cuts, accounting for more than 54 000 incidents despite telecom infrastructure being designated as Critical National Information Infrastructure, a classification intended to strengthen protection of key digital assets.

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Also road construction constantly damages fiber where iggers and machines tear up buried cables during road repairs or construction.

Even with all these, some state governments make it hard for companies to fix cables quickly across different areas with all manners of fees and levies.

The NCC designation provides for penalties of up to 10 years’ imprisonment for offenders, but operators continue to face widespread infrastructure damage.

Proposed solutions, including Nigeria’s Dig-Once policy and AI-powered fibre sensing technologies, have yet to achieve widespread adoption.

The NCC is developing a cost-based framework for shared underground duct infrastructure, while operators are exploring AI-powered fibre sensing technologies that can detect cable damage in real time and improve network resilience.

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Nigeria is pursuing ambitious broadband targets under its National Broadband Plan and has expanded fibre deployment to about 35 000 kilometres.

However, infrastructure protection has not kept pace with network expansion, leaving subscribers vulnerable to unreliable connectivity despite continued operator investment.

 

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Helios Towers Secures $29m Facility to Expand Across Africa

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Standard Bank has partnered with Helios Towers to provide a $29 million Social Documentary Credit Facility. According to the financial services company, this transaction marks Standard Bank’s first Documentary Credit Facility structured in a Sustainable Finance format.

It notes that the facility will support the procurement and importation of telecommunications infrastructure and related services across Africa.

It will also provide payment certainty to suppliers, while supporting Helios Towers’ working capital requirements and infrastructure expansion programme, the bank adds.

Structured in accordance with the Loan Market Association’s Social Loan Principles, the financing is designed to promote digital connectivity and telecommunications infrastructure development in underserved markets.

This will help Helios Towers further expand its footprint and enhance mobile network coverage and connectivity across the continent.

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Helios Towers operates one of Africa’s independent telecommunications tower platforms, enabling mobile network operators to extend coverage across multiple markets.

Standard Bank notes that the facility supports the expansion of tower infrastructure and services, increased network densification and improved connectivity in underserved markets and remote regions across the African continent.

It will also drive digital inclusion and tackle the digital divide while supporting economic growth and socio-economic development.

“This transaction demonstrates the power of innovation in trade finance. By combining a first-to-market Social Documentary Credit Facility with a cross-border funding solution, Standard Bank has supported Helios Towers’ growth ambitions while helping extend digital connectivity to underserved communities across Africa,” says Benoit Samouilhan, global transaction banker at Standard Bank Corporate and Investment Banking.

According to the bank, this facility enables positive social impact by increasing and improving network coverage and connectivity in some of the world’s most remote regions.

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“Reliable digital infrastructure is fundamental to Africa’s future growth and development,” says Alex Carter, group finance director at Helios Towers.

“This facility provides us with the flexibility and certainty needed to support our ongoing infrastructure investments while advancing our mission of expanding connectivity across the continent. We value our longstanding relationship with Standard Bank and look forward to building on this partnership.”

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NCC Begins Stakeholder Consultation on MVNO Business Rules

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Nigerian Communications Commission (NCC) will on Thursday convene a stakeholders’ consultative forum to review the draft business rules for Mobile Virtual Network Operators (MVNOs) in Nigeria.

NCC Begins Stakeholder Consultation on MVNO Business Rules

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The forum, scheduled to hold at 10 a.m. at the NCC Annex Office, Mbora, Abuja, is expected to bring together telecommunications operators, industry associations and other stakeholders to provide input on the proposed regulatory framework before its finalisation.

The commission announced the event on its official social media platforms, inviting interested stakeholders to participate in the consultation process.

The engagement is part of the NCC’s efforts to strengthen the regulatory framework for MVNO operations and promote greater competition, innovation and consumer choice in Nigeria’s telecommunications sector.

Mobile Virtual Network Operators are telecommunications service providers that offer mobile services by leasing network capacity from licensed Mobile Network Operators (MNOs), rather than owning spectrum licences or telecommunications infrastructure.

The NCC has identified the MVNO licensing framework as one of its initiatives aimed at deepening competition, expanding access to telecommunications services and driving digital inclusion across the country.

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The consultative forum is expected to provide stakeholders with the opportunity to review the draft business rules, make recommendations and contribute to the development of a robust operational framework for the emerging MVNO segment.

The commission is expected to issue further details on the outcome of the consultation after the meeting.

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