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History And Net Worth Of Telecommunication Companies In Nigeria by daamazing(m): 10:09pm On Mar 26, 2017
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

3 Likes 1 Share

Re: History And Net Worth Of Telecommunication Companies In Nigeria by daamazing(m): 10:22pm On Mar 26, 2017
Uncle lalasticlala and Mynd44 or Seun.. I dunno which of you moved it to FP.. But God bless.
GLO's coverage also include;
Ghana and Benin. I can't edit FP first post.

Thanks!
techredirector.com

5 Likes 1 Share

Re: History And Net Worth Of Telecommunication Companies In Nigeria by sorextee(m): 3:34am On Mar 27, 2017
See how much they re making on top our head.... When will they do IPO, make I buy shares....
Re: History And Net Worth Of Telecommunication Companies In Nigeria by daamazing(m): 7:08am On Mar 27, 2017
Victek66:


Wow this very interesting. Nice post.
thanks a lot Bro. Always visit
Techredirector.com
TechBlog | conscientiously redirecting tech world...

1 Like

Re: History And Net Worth Of Telecommunication Companies In Nigeria by daamazing(m): 7:22am On Mar 27, 2017
sorextee:
See how much they re making on top our head.... When will they do IPO, make I buy shares....
lol,all the companies excluding Glo run in over 10 countries +. So it's not only in Nigeria they make their money.
techredirector.com

1 Like

Re: History And Net Worth Of Telecommunication Companies In Nigeria by daamazing(m): 3:06pm On Mar 27, 2017
AyamConfidence and SAMBHOSS.. Come and see o..
Re: History And Net Worth Of Telecommunication Companies In Nigeria by daamazing(m): 4:53pm On Mar 27, 2017
Lalasticlala thanks for moving to FP.
Re: History And Net Worth Of Telecommunication Companies In Nigeria by AyamConfidence(m): 9:25pm On Mar 27, 2017
Lemme book space

Lalasticlala
Re: History And Net Worth Of Telecommunication Companies In Nigeria by sakalisis(m): 7:28am On Mar 28, 2017
cool
Re: History And Net Worth Of Telecommunication Companies In Nigeria by Pearly255(f): 7:28am On Mar 28, 2017
.
Re: History And Net Worth Of Telecommunication Companies In Nigeria by Nobody: 7:29am On Mar 28, 2017
Another Father Christmas blogger.
Wikipedia no be pesin write am? Keep dashing them zeros.
Re: History And Net Worth Of Telecommunication Companies In Nigeria by adewumiopeyemi(m): 7:30am On Mar 28, 2017
Ok. Guys. Count down to nairaland pool party party going to be fun and intresting for more information. U can pm. Me or check my signature to join th whatsup group.
Re: History And Net Worth Of Telecommunication Companies In Nigeria by horlabiyi(m): 7:30am On Mar 28, 2017
OMG

1 Like

Re: History And Net Worth Of Telecommunication Companies In Nigeria by paskyboy: 7:30am On Mar 28, 2017
Glo network is a disgrace
Re: History And Net Worth Of Telecommunication Companies In Nigeria by obembet(f): 7:30am On Mar 28, 2017
I w
Re: History And Net Worth Of Telecommunication Companies In Nigeria by slimthugchimee2(m): 7:32am On Mar 28, 2017
Victek66:


Wow this very interesting. Nice post.


is that why you have to quote the whole thing undecided

1 Like

Re: History And Net Worth Of Telecommunication Companies In Nigeria by olatwo(m): 7:32am On Mar 28, 2017
I can't agree less.


paskyboy:
Glo network is a disgrace

1 Like

Re: History And Net Worth Of Telecommunication Companies In Nigeria by Nobody: 7:32am On Mar 28, 2017
mm
Re: History And Net Worth Of Telecommunication Companies In Nigeria by helphelp: 7:35am On Mar 28, 2017
daamazing:
thanks a lot Bro. Always visit
Techredirector.com
TechBlog | conscientiously redirecting tech world...

I think glo operates in Ghana as well

3 Likes 1 Share

Re: History And Net Worth Of Telecommunication Companies In Nigeria by maxiuc(m): 7:35am On Mar 28, 2017
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

2 Likes

Re: History And Net Worth Of Telecommunication Companies In Nigeria by Tintinnoty(m): 7:35am On Mar 28, 2017
daamazing:
thanks a lot Bro. Always visit Techredirector.com TechBlog | conscientiously redirecting tech world...
op but glo also operates in Benin and Ghana

2 Likes

Re: History And Net Worth Of Telecommunication Companies In Nigeria by Hiccups: 7:36am On Mar 28, 2017
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.
Re: History And Net Worth Of Telecommunication Companies In Nigeria by hardywaltz(m): 7:36am On Mar 28, 2017
Good
Re: History And Net Worth Of Telecommunication Companies In Nigeria by Micah360(m): 7:40am On Mar 28, 2017
Very nice and helpful post... Keep it up Op
Re: History And Net Worth Of Telecommunication Companies In Nigeria by rman: 7:47am On Mar 28, 2017
These are global figures for the operators not the value of their operations/assests in Nigeria.
Re: History And Net Worth Of Telecommunication Companies In Nigeria by chukagates(m): 7:47am On Mar 28, 2017
daamazing:
lol,all the companies excluding Glo run in over 10 countries +. So it's not only in Nigeria they make their money.
techredirector.com
remove MTN from nigeria and watch it GO BANKRUPT

1 Like 1 Share

Re: History And Net Worth Of Telecommunication Companies In Nigeria by Nobody: 7:52am On Mar 28, 2017
Nice work. cool cool
Re: History And Net Worth Of Telecommunication Companies In Nigeria by seenter84: 7:56am On Mar 28, 2017
It's more than that amount
Re: History And Net Worth Of Telecommunication Companies In Nigeria by Mememan: 7:57am 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






Olodo op

GLOBACOM'S COVERAGE IS NOT ONLY IN NIGERIA.
4 COUNTRIES NOW AND STILL COUNTING...

DO YOUR RESEARCH

2 Likes

Re: History And Net Worth Of Telecommunication Companies In Nigeria by Alwaysking: 8:06am On Mar 28, 2017
Victek66:


Wow this very interesting. Nice post.
i knw one idiot will quote everything, smh.

(1) (2) (Reply)

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