Who Owns Glo? The Story Behind Nigeria’s Indigenous Telecom Giant

Mike Adenuga The Owner of Glo

Globacom Limited, popularly known as Glo, is one of Nigeria’s largest telecommunications companies and a key player in Africa’s telecom industry. Known for its bold marketing campaigns and competitive data and call rates, Glo has positioned itself as the “Grandmaster of Data.” But who actually owns this telecom giant?

The Owner of Glo

Glo is owned by Mike Adenuga, a Nigerian billionaire businessman and philanthropist. He is the founder and chairman of Globacom Limited, which he established in 2003. Adenuga is one of Africa’s richest men, with a diversified business portfolio in telecommunications, oil, and real estate.

Before founding Glo, Mike Adenuga had already built a reputation in Nigeria’s business scene through his oil exploration company, Conoil Producing Limited. His vision for Glo was to create a truly indigenous telecom brand that could compete with foreign-owned operators in Nigeria.

Glo’s Achievements Under Mike Adenuga

Since its launch, Glo has achieved several milestones:

First single company in Africa to lay its own submarine cable – the Glo-1 cable, connecting Nigeria directly to the UK and other international destinations for faster internet.
Expanded to other African countries including Ghana, Benin Republic, and Côte d’Ivoire.
Affordable data and call rates, making it a preferred choice for millions of Nigerians.

Mike Adenuga’s Influence

Mike Adenuga is known for his low-profile lifestyle despite his wealth. However, his business decisions have shaped the growth of Glo. He has consistently invested in technology upgrades, competitive pricing strategies, and strong brand identity through endorsements by top celebrities and sponsorships in sports and entertainment.

Conclusion

Glo is 100% Nigerian-owned, with Mike Adenuga at the helm. His entrepreneurial vision transformed Glo from a local telecom startup into one of Africa’s leading telecommunications brands.