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Globacom launches US$600m submarine telecom cable

November 2, 2010 • Top Stories

Mike Adenuga, Globacom Chairman

NIGERIA’S second national telecom carrier Globacom has formally launched its undersea cable known as Glo-1 which cost US$600 million (about N90 billion).

Telecom experts in Nigeria agree that the launch of Glo-1 would further increase bandwidth usage in the West African country and also reduce costs considerably. Glo-1 brings to three the number of submarine fibre cables in Nigeria, the other two being MainOne Cable owned by MainOne Cable Company Ltd, and SAT-3 owned by the Nigeria Telecommunications (Nitel) Plc.

Chairman of Globacom, Mike Adenuga, said the launch was in line with the promise of the company to bring about change for the better in the communication landscape of the country. Adenuga said that Glo-1 would provide clearer voice calls, sufficient bandwidth at affordable prices as well as a high-speed Internet service.

Senate President, David Mark commended the efforts of Adenuga to transform how Nigerians communicate with the rest of the world. He promised that the National Assembly would provide the right legislative environment for businesses to thrive.

Earlier, chief operating officer for Globacom, Muhammed Jameel, said the coming of Glo-1 would to a large extent quench the bandwidth hunger that had afflicted Nigerians for many years.

Jameel said Glo-1 would provide Nigeria with its needed bandwidth over the next 20 years and help improve communication with the rest of the world.

The 10 000-kilometre submarine fibre optic cable runs from Lagos to London en-route to West African countries.

Glo-1 is the second private submarine cable initiative following commercial launch of a similar service by Main One last July in Nigeria.

SIMEON OGOEGBULEM in Abuja, Nigeria

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2 Responses to Globacom launches US$600m submarine telecom cable

  1. techieg says:

    This is great for the country. I hope they also pursue their own privately owned national fiber network that they can also lease to others at reasonable rates even as they use it in delivering their own services to customers.

  2. Add a comment…i love it.

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