Glo, ZTE in USD500m deal

Globacom has signed a USD500 million network modernisation and expansion contract with ZTE Corporation. This follows the company’s USD 750 million deal with Huawei Technologies last week, 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, 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,” Jameel added.
He said: “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”. Jameel said that the company’s extensive network expansion plan is another commitment on the part of Globacom towards providing better GSM services for its numerous subscribers The Glo GCOO stated further that Glo network will continue to bring in latest technologies from every part of the world to improve telecommunication services for millions of its subscribers in Nigeria and in West Africa.
He thanked Glo subscribers for staying with the Network, adding that the company will continue to make GSM services affordable to them all. Also speaking at the occasion, The Managing Director of ZTE,  Zenghong Ma, stated that Glo-ZTE’s relationship dated back to five years, adding that the new cooperation between the two companies wouldl 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.