Date: = 09/10/2007 ||  7UP = 44.81 ||  ABCTRANS = 2.89 ||  ACADEMY = 5.5 ||  ACCESS = 21.5 ||  ADSWITCH = 3.46 ||  AFPRINT = 2.75 ||  AFRIBANK = 30.49 ||  AFROIL = 5.76 ||  AFRPAINTS = 1.01 ||  AGLEVENT = 3.13 ||  AIICO = 3.22 ||  AIRSERVICE = 18.5 ||  ALEX = 2.56 ||  ALUMACO = 2.65 ||  AP = 79.8 ||  ARBICO = 2.5 ||  ASHAKACEM = 50.5 ||  AVONCROWN = 4.23 ||  BAICO = 2.42 ||  BCC = 43.5 ||  BCN = 0.9 ||  BERGER = 7.02 ||  BETAGLAS = 16.5 ||  BOCGAS = 7.91 ||  CADBURY = 32.7 ||  CAP = 43.35 ||  CAPALBETO = 37.27 ||  CAPOIL = 0.81 ||  CCNN = 17.5 ||  CHELLARAM = 4.35 ||  CHEVRON = 145 ||  CILEASING = 5 ||  CONOIL = 53 ||  CONTINSURE = 3.04 ||  CORNERST = 3.52 ||  COSTAIN = 20 ||  CRUSADER = 4.28 ||  CUSTODYINS = 3.16 ||  CUTIX = 21 ||  DANGSUGAR = 35.5 ||  DIAMONDBNK = 17.15 ||  DNMEYER = 8.7 ||  DUNLOP = 2.99 ||  ECOBANK = 8.88 ||  EKOCORP = 7.49 ||  ELLAHLAKES = 2.92 ||  EPICDYNAM = 0.38 ||  EQUITYASUR = 1.79 ||  ETERNAOIL = 17 ||  ETI = 173.25 ||  EVANSMED = 7.25 ||  FCMB = 17.45 ||  FIDELITYBK = 11.99 ||  FIRSTALUM = 2.02 ||  FIRSTBANK = 40.5 ||  FIRSTINLND = 10.6 ||  FLOURMILL = 77.99 ||  FOOTWEAR = 2.26 ||  GLAXOSMITH = 17.11 ||  GNI = 3.8 ||  GUARANTY = 29 ||  GUINEAINS = 1.94 ||  GUINNESS = 126 ||  IBTC = 14.3 ||  IKEJAHOTEL = 7.14 ||  INTENEGINS = 2.44 ||  INTERCONT = 26 ||  INTERLINK = 1.8 ||  IPWA = 3.4 ||  JAPAULOIL = 6.02 ||  JBERGER = 57.29 ||  JOHNHOLT = 3.8 ||  JULI = 0.68 ||  LASACO = 2.89 ||  LAWUNION = 3.17 ||  LINKASSURE = 2.55 ||  LIVESTOCK = 2.99 ||  LONGMAN = 13 ||  MAYBAKER = 10.89 ||  MBENEFIT = 3.1 ||  MOBIL = 158.98 ||  NAHCO = 22.81 ||  NAMPAK = 8.37 ||  NASCON = 16.9 ||  NB = 43.6 ||  NBC = 54.5 ||  NCR = 4.2 ||  NEIMETH = 3.67 ||  NEM = 2.84 ||  NESTLE = 210 ||  NIG-GERMAN = 16.7 ||  NIGERINS = 4 ||  NIWICABLE = 3.3 ||  OANDO = 76.5 ||  OASISINS = 2.02 ||  OCEANIC = 33 ||  OKITIPUPA = 1.95 ||  OKOMUOIL = 27 ||  PHARMDEKO = 5.15 ||  PLATINUM = 30.27 ||  PREMPAINTS = 1.11 ||  PRESCO = 9.5 ||  PRESTIGE = 6.3 ||  PZ = 23 ||  RAKUNITY = 0.31 ||  ROYALEX = 3.89 ||  RTBRISCOE = 27.99 ||  SCOA = 2.59 ||  SKYEBANK = 14.6 ||  SOVRENINS = 3 ||  STACO = 2.57 ||  STDINSURE = 3.87 ||  STERLNBANK = 7.55 ||  THOMASWY = 3.6 ||  TOTAL = 153 ||  TOURIST = 2.81 ||  TRANSCORP = 4 ||  TRANSEXPR = 0.78 ||  TRIPPLEG = 5.2 ||  UAC-PROP = 22 ||  UACN = 38.63 ||  UBA = 53.08 ||  UBN = 42.91 ||  UNHOMES = 6 ||  UNIC = 3.15 ||  UNILEVER = 17.01 ||  UNIONDICON = 8.56 ||  UNITYBNK = 5.8 ||  UNTL = 2.8 || 
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News
Date Posted: 14-08-2007 07:45:39
GLOBACOM WINS GSM LICENSE IN BENIN REP (BY PETER BAKARE OF THISDAY)
Nigeria’s Second National Operator, Globacom, has been awarded a licence to provide GSM Services in Republic of Benin .


The Company was granted the licence at the weekend by the Beninoise Government after it emerged tops in a keen contest.


Several Telecoms operators including Lab Green Networks of Libya and Telecom so participated in the bid.


Globacom sources said the Nigerian Company was preferred to the other bidders because of its perceived “technical superiority and ability to deliver.”


The sources said the Beninoise Government was also convinced by Globacom’s ability to launch Services in that country within sixty days, a key requirement by the Telecoms authorities.


Benin Republic had recently suspended the licences of two of the GSM operators in the country, MTN and Atlantique Telecom , which is controlled by Emirates Telecommunications, over dispute on regulatory fees. The suspension of the licences prompted the Government to hold a New round of bidding to award one more GSM licence in order to improve Telecoms Services in the country.


The granting of GSM licence to Globacom is seen as a boost for the network’s efforts to rule the African telecommunications market. The Company ’s officials described the licence as a step towards the realisation of its vision of becoming “the largest, most successful Information , entertainment and telecommunications solutions provider in Africa ”.


Although Globacom, which started operations only in 2003, launched its Services two years after the commencement of GSM Services in Nigeria , it has been at the forefront of revolutionary changes in Nigeria ’s Telecom Industry . It pioneered the Per Second Billing (PSB) System at launch in 2003 when other operators said it was not possible to offer the payment option until 2007. It also led the crashing of SIM cost to Industry average of N200 and call tariffs to as Low as N10 per minute, thus making it possible for millions of Nigerians to own a GSM.


Globacom has pioneered a Host of Value added Services in Nigeria including Multimedia Messaging Services , mobile internet, voice SMS, GPRS roaming and the revolutionary Blackberry.


The Company has successfully tested the 3G network, the latest Technology in the Industry and is about to launch the Technology .


Its Gateway subsidiary, Glo Gateway , is already a Major player in International telecommunications Services , while the fixed line network, Broadband Access is already in service while formal launch will be held in the next couple of weeks.
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