Globacom Launches GSM Network in Benin
Published on: 4th Jun 2008
Note -- this news article is more than a year old.
Nigeria based Globacom has started its first overseas foray after it launched a GSM network in the Republic of Benin. The company won a GSM operating license in the country last year and has built out its network covering the main cities, with a new switching centre in Cotonou, capital of the country.
Other bidders in last year's license tender included Lab Green Works of Libya and So Telecoms.
Globacom said that the launch in the neighbouring West African country was a step towards its plans to extend services to other African nations. It is also bidding for licenses in Ghana and Togo.
Estimates from the Mobile World record that the country ended last year with around 1.4 million subscribers, representing a population penetration level of just 17%. Market leader is MTN with just over 54% of the market, followed by Bell Benin with 21.5%. Moov comes third with 24.6%.