Globacom, the second-largest telecoms operator in Nigeria by subscriber number and market share, has signed a deal with Eutelsat of France for satellite deployment in the Nigerian market.
The business deal, which was signed between the two companies at the Elysee Palace in Paris recently, was witnessed by the French President, Mr. Emmanuel Macron.
The Chairman of Globacom, Chief Mike Adenuga, signed on behalf of Globacom, while Eutelsat CEO, Rodolphe Belmer, signed on behalf of Eutelsat of France.
The partnership deal is coming at a time when the federal government has approved the rollout of the 5G network in Nigeria, which will boost internet connectivity in urban and rural communities.
The partnership between the two companies is expected to enhance the deployment of 500 Wi-Fi relay stations to far-flung rural areas, for connection to a Eutelsat satellite.
Likewise, French group, Vocalcom, which already manages the software for Glo telecom’s call centres in Nigeria, is hoping to open a new deal in the mobile-money sphere with Globacom.
According to Adenuga, his franchise’s relationship with the French telecoms giant has been a long and extremely beneficial one.
The genesis and bedrock of that relationship was the energy team at the Banque Nationale de Paris (BNP) Paris office, led by Guillaume Leenhardt. A great deal of our early success can be attributed to the professionalism, customer orientation, and creativity of that team,” Adenuga said.
According to him, “we worked extremely hard and well together to meet some ridiculously tight deadlines – working through the night till 6 a.m. only to resume work again at 8 a.m. after a quick nap and shower. Those are days I remember with a lot of fondness.