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History And Net Worth Of Telecommunication Companies In Nigeria - Phones (2) - Nairaland

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Re: History And Net Worth Of Telecommunication Companies In Nigeria by dustydee: 8:16am On Mar 28, 2017
Op, if you are a tech blogger, you should know Glo doesn't only operate in Nigeria.
Re: History And Net Worth Of Telecommunication Companies In Nigeria by Revolva(m): 8:16am On Mar 28, 2017
hey GLO network is in Ghana..n benin..rep. na...make dem know na
Re: History And Net Worth Of Telecommunication Companies In Nigeria by daamazing(m): 8:16am On Mar 28, 2017
helphelp:


I think glo operates in Ghana as well
thanks for the info.
Techredirector.com
TechBlog | conscientiously redirecting tech world..
Re: History And Net Worth Of Telecommunication Companies In Nigeria by ehispapa(m): 8:18am On Mar 28, 2017
why cant MTN sponsor a football club in Nigeria but went far to Cyprus to sponsor a club. can you imagine ? see how much they are draining from us
Re: History And Net Worth Of Telecommunication Companies In Nigeria by dajan03: 8:19am On Mar 28, 2017
Polyphony:
Another Father Christmas blogger.
Wikipedia no be pesin write am? Keep dashing them zeros.
b4 who you dey expect to ryt am? Robot or spirit?
Re: History And Net Worth Of Telecommunication Companies In Nigeria by daamazing(m): 8:20am On Mar 28, 2017
maxiuc:
No wonder Mtn kills me with charges whenever I call Dubai eeerrh thankGod for this post imagine 1min for #60


Kai na to go buy Etisalat sim sharp sharp


The person that posted this may you live long
so Mtn network doesn't cover united Arab emirates dem for tell me since nah
thanks a lot Bro. The article was gotten from techredirector.com
Always try and visit for interesting articles too like this.
Thanks.
Re: History And Net Worth Of Telecommunication Companies In Nigeria by daamazing(m): 8:22am On Mar 28, 2017
Hiccups:
These figures would have been reasonably accurate February last year, although it did not indicated GLO's coverage of more countries. You did a good job and I'm confident you can do better than this.
thanks bro. Visit my blog for interesting articles like this too.
Techredirector.com
Thanks.
Re: History And Net Worth Of Telecommunication Companies In Nigeria by daamazing(m): 8:23am On Mar 28, 2017
Micah360:
Very nice anf helpful post... Keep it up Op
thanks a lot.
Techredirector.com
Re: History And Net Worth Of Telecommunication Companies In Nigeria by daamazing(m): 8:23am On Mar 28, 2017
Henryyy:
Nice work. cool cool
thanks. Always visit techredirector.com

1 Like

Re: History And Net Worth Of Telecommunication Companies In Nigeria by playboy19(m): 8:24am On Mar 28, 2017
chukagates:
remove MTN from nigeria and watch it GO BANKRUPT

This is why we keep telling Nigerians to know their worth. They think MTN is doing Nigeria a favor by employing people, but instead MTN is milking Nigeria by the second.

Imagine 33%+ of their global revenue is coming from naija alone. With this, there's nothing Nigeria can do to them that will make them leave. They won't want to sell their efforts over the years cheaply to another company.

I'm not say we should chase them out, but I'm saying govt should make strict policies that will make all these companies play by the rules and stop repatriating money out of the country.
Re: History And Net Worth Of Telecommunication Companies In Nigeria by daamazing(m): 8:24am On Mar 28, 2017
dustydee:
Op, if you are a tech blogger, you should know Glo doesn't only operate in Nigeria.
person no fit know everything Na..
Re: History And Net Worth Of Telecommunication Companies In Nigeria by Babysheart(f): 8:34am On Mar 28, 2017
daamazing:
Hello, today we at http://techredirector.com decided to do a little review and research on some of our telecommunication companies here in Nigeria. There are 4 active Telecommunication companies namely;
*Etisalat
*MTN
*Airtel( Bharti Airtel) and
*Globacom(Glo)

1. Etisalat

Etisalat was founded in 1976 as a joint-stock company between International Aeradio Limited, a British Company, and local partners. In 1983 the ownership structure changed – United Arab Emirates government held a 60% share in the company and the remaining 40% were publicly traded.
In 1991 the UAE central government issued Federal Law No. 1, which gave the corporation the right to provide the telecommunications wired and wireless services in the country and between UAE and other countries. It also gave the firm the right to issue licenses for owning, importing, manufacturing, using or operating telecommunication equipment.

Countries which they run(coverage)

United Arab Emirates, Saudi Arabia, Sri Lanka, Morocco, Pakistan, Egypt, Afghanistan, Nigeria, Mauritania, Mali, Gabon, Burkina Faso, Benin, Côte d'Ivoire, Togo, Niger, Central African Republic.
Net Worth

Revenue - 51.7 billion (2015)
Net income - 8.3 billion (2015)
[img]https://2.bp..com/-J-YfZDMTyDw/WNgn0IWbQCI/AAAAAAAAATA/9TWQykAL96IY-r4PP21ShqUwXWldSLyfgCK4B/s400/Etisalat_Logo.svg.png[/img]

2. MTN

MTN Group, formerly M-Cell, is a South Africa-based multinational mobile telecommunications company, operating in many African, European and Asian countries. Its head office is in Johannesburg. As of 30 June 2016, MTN recorded 232,6 million subscribers across its operations. Although MTN operates in over 20 countries, One-third of its revenues come from Nigeria, where it holds about 35% market share.
The company sponsored the CAF Champions League football competition as well as APOEL FC, winners of the Cypriot First Division in 2009, 2011, 2013, 2014 and participants in the 2009–10 and 2011–12 UEFA Champions League.

Countries which they run(coverage)

Afghanistan, Benin, Botswana, Cameroon, Cyprus, Ghana, Guinea, Guinea Bissau , Iran, Ivory Coast, Liberia, Nigeria, Republic of Congo, Rwanda, South Africa, South Sudan, Swaziland, Syria, Uganda, Yemen, Zambia.

Net Worth

Revenue - US$ 15.432 billion (2015)
Operating income - US$5.22 billion (2015)
Net income - US$3.345 billion (2015)
[img]https://1.bp..com/-S9LHaqJFllM/WNgn2FMiWrI/AAAAAAAAATI/XwEzi_9ZAeEmcMsFDj8qK_cDhmUutyGvgCK4B/s1600/MTN_logo.png[/img]

3. Airtel

Bharti Airtel Limited is an Indian global telecommunications services company based in New Delhi, India. It operates in 18 countries across South Asia and Africa. Airtel provides GSM, 3G and 4G LTE mobile services, fixed line broadband and voice services depending upon the country of operation. It is the largest mobile network operator in India and the third largest in the world with 400 million subscribers. Airtel was named India's second most valuable brand in the first ever Brandz ranking by Millward Brown and WPP plc.

Countries which they run(coverage)

Burkina Faso, Chad, Democratic Republic of the Congo, Gabon, Ghana, India, Kenya, Madagascar, Malawi, Niger, Nigeria, Rwepublic of the Congo, Rwanda, Seychelles, Sierra Lone, Sri Lanka, Tanzania, Uganda, Zambia, Channel Islands.

Net Worth
Revenue - (US$14 billion) (2016)
Operating income - (US$5.1 billion) (2016)
Profit - (US$800 million) (2016)
[img]https://4.bp..com/-WjT2r9dt-ZI/WNgoknG3eKI/AAAAAAAAATo/IMCvK-_jF1wKZze_6Rk-faw_0lmYXbUfwCK4B/s200/Bharti_Airtel_Limited.svg.png[/img]

4. Globacom

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 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.
It is also notable too to know that GLO built an $800 million high-capacity.

Coverage
Nigeria.

Net Worth
Revenue - US$1.178 billion (2013)
[img]https://4.bp..com/-rVEz17x6XAA/WNgorvBj2FI/AAAAAAAAATw/LbXFA674omAQjMRjUxgPxPyK37Cxq8NwACK4B/s400/Glo_Logo_New.png[/img]

All stats and figures are according to wikipedia.com

source http://www.techredirector.com/2017/03/history-and-net-worth-of.html








Poorly researched article.

Glo also operates in Ghana, Benin and Cote d'Ivoire.

Even the Wikipedia you got your information says as much.
Re: History And Net Worth Of Telecommunication Companies In Nigeria by melakes(m): 8:35am On Mar 28, 2017
paskyboy:
Glo network is a disgrace
Oga, glo is the youngest of them all. They all started from their respective countries before covering others. Its a matter of time, globacom Nigeria will still cover Europe and American countries. Rome after all wasn't built in a day.
Re: History And Net Worth Of Telecommunication Companies In Nigeria by daamazing(m): 8:41am On Mar 28, 2017
Babysheart:



Poorly researched article.

Glo also operates in Ghana, Benin and Cote d'Ivoire.

Even the Wikipedia you got your information says as much.
ma'am it has been edited and updated on the second post. FP Posts cant be re-edited. So because GLO's list wasn't updated you concluded the article was poorly researched?
Thanks
Re: History And Net Worth Of Telecommunication Companies In Nigeria by Nobody: 8:42am On Mar 28, 2017
daamazing, glo is in Ghana and Benin as well.
Re: History And Net Worth Of Telecommunication Companies In Nigeria by daamazing(m): 8:43am On Mar 28, 2017
Joavid:
daamazing, glo is in Ghana and Benis as well.
hello,
It has been updated and corrected in the second post. Thanks
Techredirector.com
Re: History And Net Worth Of Telecommunication Companies In Nigeria by napoleon77(m): 8:44am On Mar 28, 2017
daamazing:
Hello, today we at http://techredirector.com decided to do a little review and research on some of our telecommunication companies here in Nigeria. There are 4 active Telecommunication companies namely;
*Etisalat
*MTN
*Airtel( Bharti Airtel) and
*Globacom(Glo)

1. Etisalat

Etisalat was founded in 1976 as a joint-stock company between International Aeradio Limited, a British Company, and local partners. In 1983 the ownership structure changed – United Arab Emirates government held a 60% share in the company and the remaining 40% were publicly traded.
In 1991 the UAE central government issued Federal Law No. 1, which gave the corporation the right to provide the telecommunications wired and wireless services in the country and between UAE and other countries. It also gave the firm the right to issue licenses for owning, importing, manufacturing, using or operating telecommunication equipment.

Countries which they run(coverage)

United Arab Emirates, Saudi Arabia, Sri Lanka, Morocco, Pakistan, Egypt, Afghanistan, Nigeria, Mauritania, Mali, Gabon, Burkina Faso, Benin, Côte d'Ivoire, Togo, Niger, Central African Republic.
Net Worth

Revenue - 51.7 billion (2015)
Net income - 8.3 billion (2015)
[img]https://2.bp..com/-J-YfZDMTyDw/WNgn0IWbQCI/AAAAAAAAATA/9TWQykAL96IY-r4PP21ShqUwXWldSLyfgCK4B/s400/Etisalat_Logo.svg.png[/img]

2. MTN

MTN Group, formerly M-Cell, is a South Africa-based multinational mobile telecommunications company, operating in many African, European and Asian countries. Its head office is in Johannesburg. As of 30 June 2016, MTN recorded 232,6 million subscribers across its operations. Although MTN operates in over 20 countries, One-third of its revenues come from Nigeria, where it holds about 35% market share.
The company sponsored the CAF Champions League football competition as well as APOEL FC, winners of the Cypriot First Division in 2009, 2011, 2013, 2014 and participants in the 2009–10 and 2011–12 UEFA Champions League.

Countries which they run(coverage)

Afghanistan, Benin, Botswana, Cameroon, Cyprus, Ghana, Guinea, Guinea Bissau , Iran, Ivory Coast, Liberia, Nigeria, Republic of Congo, Rwanda, South Africa, South Sudan, Swaziland, Syria, Uganda, Yemen, Zambia.

Net Worth

Revenue - US$ 15.432 billion (2015)
Operating income - US$5.22 billion (2015)
Net income - US$3.345 billion (2015)
[img]https://1.bp..com/-S9LHaqJFllM/WNgn2FMiWrI/AAAAAAAAATI/XwEzi_9ZAeEmcMsFDj8qK_cDhmUutyGvgCK4B/s1600/MTN_logo.png[/img]

3. Airtel

Bharti Airtel Limited is an Indian global telecommunications services company based in New Delhi, India. It operates in 18 countries across South Asia and Africa. Airtel provides GSM, 3G and 4G LTE mobile services, fixed line broadband and voice services depending upon the country of operation. It is the largest mobile network operator in India and the third largest in the world with 400 million subscribers. Airtel was named India's second most valuable brand in the first ever Brandz ranking by Millward Brown and WPP plc.

Countries which they run(coverage)

Burkina Faso, Chad, Democratic Republic of the Congo, Gabon, Ghana, India, Kenya, Madagascar, Malawi, Niger, Nigeria, Rwepublic of the Congo, Rwanda, Seychelles, Sierra Lone, Sri Lanka, Tanzania, Uganda, Zambia, Channel Islands.

Net Worth
Revenue - (US$14 billion) (2016)
Operating income - (US$5.1 billion) (2016)
Profit - (US$800 million) (2016)
[img]https://4.bp..com/-WjT2r9dt-ZI/WNgoknG3eKI/AAAAAAAAATo/IMCvK-_jF1wKZze_6Rk-faw_0lmYXbUfwCK4B/s200/Bharti_Airtel_Limited.svg.png[/img]

4. Globacom

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 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.
It is also notable too to know that GLO built an $800 million high-capacity.

Coverage
Nigeria.

Net Worth
Revenue - US$1.178 billion (2013)
[img]https://4.bp..com/-rVEz17x6XAA/WNgorvBj2FI/AAAAAAAAATw/LbXFA674omAQjMRjUxgPxPyK37Cxq8NwACK4B/s400/Glo_Logo_New.png[/img]

All stats and figures are according to wikipedia.com

source http://www.techredirector.com/2017/03/history-and-net-worth-of.html







Post is titled History and Net worth of Telecommunications companies in Nigeria BUT the poster didnt even tell us the year each of the companies set up operations in Nigeria. We are also not given the income they make from Nigeria.
Re: History And Net Worth Of Telecommunication Companies In Nigeria by daamazing(m): 8:51am On Mar 28, 2017
napoleon77:


Post is titled History and Net worth of Telecommunications companies in Nigeria BUT the poster didnt even tell us the year each of the companies set up operations in Nigeria. We are also not given the income they make from Nigeria.
true, this companies are in Nigeria but they aren't owned by Nigerians, they have headquarters their headquarters in different other countries (Globacom excluded). It'll be hard to tell how much they make from the countries individually and would take lot of research time. However, thanks for commenting, we'll try and work on this next to time.
Favor | techredirector.com
Thanks

1 Like

Re: History And Net Worth Of Telecommunication Companies In Nigeria by mccoy47(m): 8:52am On Mar 28, 2017
Op I don't understand u oo.
How can a company with 400million subscribers and d 3rd largest telecom company in the world have a revenue of $14billion and a profit of $700million
Re: History And Net Worth Of Telecommunication Companies In Nigeria by spartan117(m): 9:00am On Mar 28, 2017
Victek66:


Wow this very interesting. Nice post.
IS dat why u had to quote d whole post
Re: History And Net Worth Of Telecommunication Companies In Nigeria by Anthocracy(m): 9:10am On Mar 28, 2017
Nice job...

Please oooh...let me ask, how do they pay their entry level engineers and their respective mast site manager (as in person wey dey maintain their generator at either their micro or mega wave site)

Thanks
Re: History And Net Worth Of Telecommunication Companies In Nigeria by daamazing(m): 9:43am On Mar 28, 2017
Anthocracy:
Nice job...

Please oooh...let me ask, how do they pay their entry level engineers and their respective mast site manager (as in person wey dey maintain their generator at either their micro or mega wave site)

Thanks
ion have any idea on this.
Re: History And Net Worth Of Telecommunication Companies In Nigeria by Nobody: 11:20am On Mar 28, 2017
dajan03:
b4 who you dey expect to ryt am? Robot or spirit?
You
Re: History And Net Worth Of Telecommunication Companies In Nigeria by PetroDolla5: 12:48pm On Mar 28, 2017
in Ghana, glo is almost dead grin

Joavid:
daamazing, glo is in Ghana and Benin as well.

3 Likes

Re: History And Net Worth Of Telecommunication Companies In Nigeria by daamazing(m): 2:26pm On Mar 28, 2017
PetroDolla5:
in Ghana, glo is almost dead grin

Chai... cheesy
Re: History And Net Worth Of Telecommunication Companies In Nigeria by mrkeneth006: 2:01pm On Apr 03, 2017
sure way of winning, see details below.

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