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Adenuga bags Telecom Investor of the Decade award
[September 21, 2014]

Adenuga bags Telecom Investor of the Decade award


(PM News (Nigeria) Via Acquire Media NewsEdge) Globacom Chairman, Dr. Mike Adenuga Jr. (GCON), has bagged the 'Telecom Investor of the Decade' award at the 10th edition of the annual Nigerian Telecom Awards held in Lagos on Saturday night.



His companies, Glo Mobile and Glo 1 also swept a total of three awards: Best Telecom Operator of the Year (Data), Most Innovative Telecom Operator of the Year and Best Submarine Company of the Year.

The awards coincide with the reemergence of Globacom as the second largest telecommunications operator in Nigeria, according to the latest figures released by the Nigerian Communications Commission (NCC).


The Telecom Investor of the Decade award was the highpoint of the award ceremony. The award was presented by the Chairman, Board of Directors of the Nigerian Telecom Awards, Chief Alex Akinyele, Vice Chairman and former Ogun state governor, Otunba Gbenga Daniel. The award was received on behalf of Dr. Adenuga's by the Director of Mike Adenuga Group, Mr. Niyi Adewunmi.

According to the organisers, Adenuga was nominated on account of his immense contributions to the growth of the telecommunications sector in the country" and was unanimously adjudged winner by a panel of assessors and judges.

The organisers said no single investor in Africa has invested more in telecoms in the continent than Adenuga, noting that, he merited the special award "due to the great sacrifice he made to ensure the re-invention of the country's telecoms industry.

"He is an astute, world-class business expert with worldwide business interests and one of the biggest employers of labour in Nigeria," the organisers said.

L-R: Chief Alex Akinyele, Chairman, Board of Trustees, Nigerian Telecom Awards Otunba Biodun Ajiboye, Secretary-General, Nigerian Telecom Awards Mr. Niyi Adewunmi, Director, Mike Adenuga Group, with the award of the 'Telecom Investor of the Decade' he collected for Dr. Mike Adenuga, Chairman of Globacom, and the Vice- Chairman of the Awards' Board of Trustees, Otunba Gbenga Daniel, during the 10th anniversary of the Nigerian Telecom Awards, held in Lagos on Saturday.

On the award of the 'Best Telecom Operator (Data)' given to Glo Mobile, the organizers explained that the company is the only integrated network that boasts of a transnational cable backbone, Glo 1. "Today, the multi-million dollar facility and the network's nationwide optic fibre cable have enabled Globacom to offer the most cost-effective and reliable internet," the citation read.

The organisers said the award of the 'Most Innovative Telecom Company of the Year' given to Glo Mobile was well deserved on account of an array of novel products and services the company has introduced in the last one year. They said the company has kept up with the tradition it established at inception with the introduction of per second billing when other operators said it was not possible.

In the citation read for the award of the 'Best Submarine Company of the Year' given to Glo 1, the organizers noted the massive growth recorded in the area of broadband in the last one year following the catalytic activities of Glo 1.

It (Glo 1) has continued to deliver transmission capacity that is radically changing Africa's economic landscape by providing unprecedented high speed internet services and making telecom services much faster, more reliable and cheaper for consumers," the citation read.

The ceremony was also graced by Globacom's top executives including acting coordinator, Business Solutions, Mr. Ike Oraekwuotu Head, Glo Gateway, Mr. Stephen Stretch and Mr. David Maji, National Sales Coordinator.

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