Globacom signs $500m network expansion agreement with ZTE
Nigeria’s telecommunications giant, Globacom has taken its network expansion project a notch higher, as it signed a $500 million network modernization and expansion contract with leading telecom vendors, ZTE Corporation.
The Company had last Friday signed a $750 million deal with the Huawei Technologies to massively expand the huge capacity of the Glo network.
Speaking at the formal signing of the Memorandum of Understanding with ZTE in Lagos, the Group Chief Operating officer of Globacom, Mr. Mohamed Jameel, stated that the contract was part of the huge nationwide network expansion and modernisation project to make communication on its network a very smooth experience.
“We are here today to sign an MOU with ZTE as part of our expansion plan to modernise every aspect of our network and this is expected to result in much improved services.”
“With the planned expansion, Globacom’s network capacity will increase in many folds, thus enabling it to carry high level of data in addition to other improvements in voice services,” he said.
Jameel added that the company’s extensive network expansion plan was another commitment on the part of Globacom towards providing better GSM services for its numerous subscribers.
He thanked Glo subscribers for staying with the Network, adding that the company will continue to make GSM services affordable.
Also speaking at the occasion, Managing Director of ZTE, Mr. Zenghong Ma, stated that Glo-ZTE’s relationship dated back to five years, adding that the new cooperation between the two companies would signal a new era that would provide innovative solution in 2G and 3G expansion and upgrading that would enhance the Glo network qualities.
He was optimistic that the expansion agreement would deliver state-of-the-art technology to Globacom which would be of great benefit to its subscribers and Nigerians generally.
Related Posts
Latest News
-
FCMB Bank (UK) Limited Launches Personal and Business Banking Proposition to Deepen Inclusiveness
FCMB Bank (UK) Limited, an independently incorporated subsidiary of First...
- Posted August 1, 2018
- 0
-
The Worrisome Trend of Sensational Social Media “Journalism” and the Impact On Legitimate Business Concerns: Recent Travails of FCMB, GTBank and First Bank
On June 25, 2018 I woke up to yet another...
- Posted June 26, 2018
- 0
-
FCMB attains ISO Certification for Quality Management
Leading financial services provider, First City Monument Bank (FCMB), has...
- Posted May 16, 2018
- 0
-
Over 1,000 firms bid for 2017 railway projects
Over 1000 companies expressed interest in 17 categories of projects...
- Posted October 20, 2017
- 2
-
NAICOM moves to enforce compulsory insurance of public buildings
To drive the enforcement of the compulsory insurance of public...
- Posted October 20, 2017
- 11
-
Reps ask NPA to reverse termination of agreement with Intels
The House of Representatives yesterday waded into the ongoing controversy...
- Posted October 19, 2017
- 1
-
SEC suspends Oando shares from stock market
The Securities and Exchange Commission has ordered the Nigerian Stock...
- Posted October 19, 2017
- 1
-
FCMB Bank (UK) Limited Launches Personal and Business Banking Proposition to Deepen Inclusiveness
FCMB Bank (UK) Limited, an independently incorporated subsidiary of...
- August 1, 2018
- 0
-
The Worrisome Trend of Sensational Social Media “Journalism” and the Impact On Legitimate Business Concerns: Recent Travails of FCMB, GTBank and First Bank
On June 25, 2018 I woke up to yet...
- June 26, 2018
- 0
-
Azman Air commences flight operation in Sokoto
Azman Air Thursday commenced flight operation to Sokoto state....
- February 21, 2015
- 424
-
NRC increases Lagos goods trains, eyes fuel haulage
The Nigerian Railway Corporation says it has increased its...
- June 23, 2016
- 100