iwonbaoko: You no get sense!! they just bleeped Nigeria $2.5 billion and you are here feeling cool. How many Nigerian companies are taking $2.5 billion out of SA

Abiagirl777:

is it Glo dat is better?2 mths now i've been trying to reach dem but a woman kips answering in yoruba,no language option.is evry body in Nigeria yoruba.i'm afta quality not being patriotic
Mtn is great in my area.

LMAyedun: MTN milking Nigerians dry since 1953.

Lets wake up Nigerians and discard MTN like SA did and are still doing.. Afterall, MTN is one of the poorest network provider in this country.

LMAyedun: MTN milking Nigerians dry since 1953.

Lets wake up Nigerians and discard MTN like SA did and are still doing.. Afterall, MTN is one of the poorest network provider in this country.

kobonaire: true but Nigeria has also gained more .... think of the employment, secondary industries that exist because of MTN's operations etc ..all that values to much more than the $2.5B that they took out.. you do not blindly nationalize your companies, the world is becoming a global village and so you have to open your markets/economy to foreign investment.

LMAyedun: MTN milking Nigerians dry since 1953.

Lets wake up Nigerians and discard MTN like SA did and are still doing.. Afterall, MTN is one of the poorest network provider in this country.

JUO: I pay them over 10k on data monthly

macjosh:

you don't expect SA to beat us with our population. we are almost x2 of south Africa. when Nigerian companies start to develop good business strategies, we will topple that amount

HandOfChukwu: Why are some of you people excited about a s1tty white owned company that isn't going to invest anything into the land of Nigeria making 2.5 billion off of us in 1 month?

I use Globabcom because they are Nigerian and they are also the better company, I also have a Innoson SUV because if you don't buy Nigerian products the economy will NEVER grow.

osystein:

MTN is black owned.. do your research..

HandOfChukwu: Prove it....I don believe you..

Abiagirl777:

is it Glo dat is better?2 mths now i've been trying to reach dem but a woman kips answering in yoruba,no language option.is evry body in Nigeria yoruba.i'm afta quality not being patriotic
Mtn is great in my area.

osystein:

Hmmm, Here are quotes from this article.



"The Turkcell case threatens to tarnish the reputation of both MTN -- a black-run company widely seen as a post-apartheid success story --.and the South African government, including former President Thabo Mbeki."

and

MTN's strong ties to the government are well documented: the company was set up with government help in 1994 as the first black- owned company after the end of apartheid.

http://mg.co.za/index.php?view=article&urlid=2012-03-30-mtn-shares-slide-amid-bribery-scandal&views=1&mobi=true&KEY=gnros30qjoovgfucnds81fsup1

mtn group
http://en.wikipedia.org/wiki/MTN_Group

iwonbaoko: You no get sense!! they just bleeped Nigeria $2.5 billion and you are here feeling cool. How many Nigerian companies are taking $2.5 billion out of SA

switsylver: we can't discard mtn cos despite it's poor browsing speed, it still remains the network that provides most affordable service in Nigeria

iwonbaoko: It is true we need foreign investors but we need them in those areas where we cannot operate or compete. The telecommunication industry is not complex at all and Nigeria should raise our game in this sector we should have the biggest company in Africa. The main barrier is capital not know-how which can be bought in easily
It is also a very sensititive industry in these days of security challenges and espionage. The reason why MTN is doing well is because we have the biggest market but we are not organized in business at these levels. This is equally true in the airline industry where we are getting screwed by another set of companies and yet Nigerians continue to[b] feel cool making stupid songs like "maga don pay" . When you think about it deeply ,as a nation we are MAGAS and we are paying[/b]!!!

We do not align our education to face realities. Let us look at Nollywood e.g where we hhave an edge where are the international TV networks where are the Universities offering courses in Modern Film,broadcasting,cinema special effects etc? We need to wake up

kobonaire: I agree with you on some points here .. I know your reaction was to my first comment here .. I was really just stoking the rivalry we feel we have with SA .. especially on NL (SA is a member of BRICS, we should be able to aspire to be a BRICS nation too). I do agree with you that we get caught up in the the success of some fraudulent operations/individuals. Though i think we choose to be magas in Nigeria because it's a well known fact that Nigerians in diaspora excel legally.
I don't agree that the telecoms is an easy technology industry. Sure these service providers to do not invent the technology 4G LTE, or make the complex equipment (transmitters, switches, amplifiers etc) but they do have challenging operations : RF planning, infrastructure install and deployment, customer service and management, frequency licenscing and procurement, permits, just to mention a few. MTN has excelled in this respect and yes they have made a lot of Nigeria, but Nigeria has definitely gained more. If this was an easy operation there would have been other successful providers.
I totally agree with you that we need massive investment in Nollywood especially with the talent and existing relative popularity. The Bollywood industry has been able to do so and I feel we can be the beacon for Africa in the entertainment industry.

theplanmaker: cash made from robbing Nigerians

iwonbaoko:
Why should we aspire to be a BRICS country? I don't get it.
I did not say that telecomms is "EASY" no business is easy otherwise everyone would be a business man. There is a world of difference between a thing being "not complex" and a thing being easy it is more than a semantic nuance. I never used the words easy but many things are very simple (not complex) but difficult. eg it is not a complex operation to score a penalty it is not an easy thing to do however.
I am not an English teacher please.
I don't know whether Nigeria has gained "MORE" as you claim, that is speculation without facts and figures. My point is we do not need foreign firms to do what MTN does especially as that is a very sensitive security industry. It is not as if proprietary technology are involved.
Mobile phone companies have the capacity to record every single telephone conversation not to mention internet traffic. We should be wary of giving that to foreign businesses
Glo is a company without a track record of note it is essentially a start-up. How many industries can one go into as a billion dollar start up and succeed. The issue of complexity as I stated it is a relative one. The mobile telephony business in Nigeria today is not complex when one takes into account the capital involved. Logistics is a very fancy word but for me selling a new alternative to Gulder or Guinness in Nigeria is more complex than the mobile telephony business especially as the phone companies operate within a very loose regulatory framework with standards that are far from challenging

kobonaire: what the big deal of foreign telecom companies investing in telecoms? Vodaphone UK once had majority shares in once of the largest US Mobile phone companies (verizon). T Mobile is German and also operates in the US.
Toyota and Japan are foreign companies having very successful operations in the UK. Do you see a push to nationalize domestic auto companies there? Why should we have any angst or hostility against MTN? Are they a security threat? Have the breached any security? The mobile phone technology is a blend of propriety and open source technologies. I do not think it's on the same level as producing beer my guy.
We reach an economic milestone if we BRICS becomes BRICSN .... till then we have to figure out how to have 24x7 electricity in any 1 city in Naija.

iwonbaoko:
It s not for me to educate you on the "big deal" educate yourself you are an adult!
UK and the US are military allies they have so many shared interests as is the case with Germany. would the US allow a Chinese or Russian company to own Verizon. It is a strategic sector that needs closer monitoring. Recently we heard that our military used mobile phone networks operationally in their fight against Boko Haram let us not make false arguments with half-truths. Toyota is not relevant to this very specific point. I have no specific hostility to MTN but ANY telecomm company is potentially a security threat. As we see in the recent struggle with Russia and China Multinationals are a tool of foreign policy. Obama hosted African leader last week and announced $14 billion investment is he the CEO of any company? Still he is in a position to make such an announcement ,how? why?

Different countries have different strategic horizons and partners and this dictates who they allow into specific sectors n their economies.
I do not get the point about BRICS. I d not think you know what you are talking about. China and Brazil are not part of the so called G7 are they both not bigger economies than some G7 countries. Is China not the 2nd economy in the world? Should China be sayind to itself "China must be part of G7" the same is true for BRICS> Nigeria is a bigger economy than South Africa and the gap is growing so BRIC or block or cement is not the issue. I don't know what you mean by "level" I was talking about complexity quite often small businesses e.g restaurants are more complex than running an airline or an oil company. The real issue is understanding what is meant by complexity which in this context is the ease to establish systems and processes that can be used reliably day in day out.