Celebrating Mike Adenuga and Glo at 23

By Chioma Eze/ 25 Sept 2026(updated 1h ago)/ 5 min read/ 21 views
Celebrating Mike Adenuga and Glo at 23
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Michael Adeniyi Agbolade Ishola Adenuga Jr is known by many as the Bull. This nickname describes one of Nigeria's successful businessmen. It shows his tenacity, courage, and willingness to tackle tough challenges.

To understand the Bull, we should look at a setback he faced.

In 1999, Adenuga's company got a GSM licence during Nigeria's first telecommunications licensing process. Later, that licence was taken back. But this did not stop his interest in telecommunications. He came back, bidding for the Second National Operator licence in 2002 with Globacom. This time, he won. Globacom received the licence and started services the following year.

This is the first lesson in the Bull's story: a closed door is not the end of the road.

On 29 August 2003, Globacom launched its mobile service in Nigeria's telecom market. At that time, MTN and Econet were already well established. Those companies had about a two-year head start, with experience and infrastructure. Glo was the newcomer.

But Glo did not come into the market timidly.

Its biggest challenge to the status quo was per-second billing. While other companies charged by the minute, Glo introduced billing by the second at launch. It also made it cheaper to get a GSM line. This changed the competitive landscape, as other operators had to offer per-second billing too.

This moment is easy to overlook today. A new company entered a market dominated by established players. Instead of copying them, Glo questioned common practices. Glo was not the first in the market. It found a different advantage: the freedom to challenge accepted norms.

This was the first charge of the Bull.

And it was not the only one; Adenuga's business journey included sectors where persistence was key. From his early ventures to oil, gas, banking, and telecommunications, his career followed a clear pattern: spot an opportunity, accept the challenges, and commit to the long haul.

This pattern shows why Glo’s story is more than just a smart pricing strategy.

Two industries, two long waits, two bold moves.

If per-second billing was the Bull's charge above ground, Glo-1 was the charge beneath.

Globacom’s investment in the Glo-1 submarine fibre-optic cable showed a deeper ambition than just competing for mobile users. The roughly 9,800-kilometre cable connects Lagos to international points like Accra and Bude in the UK. It started service in 2010, giving Globacom direct ownership of important international telecom infrastructure.

The symbolism here is strong because Glo first challenged communication prices. Then it invested in the infrastructure behind communication.

This difference matters. A company can compete by offering cheaper calls or good data deals. But building international connectivity needs a broader vision and investment in the future of communication. Globacom highlights Glo-1 alongside its extensive local fibre and microwave networks.

So, the Bull was not just charging at the market. He was building beneath it.

Yet, there is an interesting contradiction in Adenuga's public image. His big business goals are often matched by his quiet personal life. He usually avoids the public spotlight that many business leaders seek. But his companies have made their voices heard.

Glo has done this from the start. The brand understood that telecommunications is more than technology. It’s about people, culture, and the experiences that come with connectivity. Its ties to football and entertainment helped the brand reach beyond just SIM cards into Nigeria’s culture. Globacom’s sponsorship of the CAF African Player of the Year Awards, which started in 2005, became one of its major international sports partnerships.

This strategy revealed another side of the Glo story.

People connect not just for network access. They connect for family, business, entertainment, information, and opportunities. Glo’s cultural presence reflects telecommunications’ purpose: connection is ultimately human.

Twenty-three years in such a tough industry is not a record of constant success.

Telecommunications has changed a lot since 2003. There are smartphones, mobile internet, streaming, digital commerce, and more demanding users. Operators face competition, infrastructure issues, regulations, and rapid tech changes.

Longevity should not be mistaken for perfection.

It shows resilience.

And resilience may be the best word to describe the Bull.

At 23, Globacom is more than just a Nigerian telecom company. It shows what happens when you enter an established industry and refuse to be limited by the advantages of the older players. Glo came after the pioneers, but it found ways to make them react. It challenged prices, invested in infrastructure, and built a brand that went beyond telecom basics.

This is where Adenuga’s story and Glo’s story connect.

The achievement is not just that a Nigerian businessman got rich. It’s not only that a company has lasted 23 years. The more interesting achievement is showing what Nigerian businesses can do when they think beyond immediate limits.

The Bull’s legacy should not only be about risk-taking. A better metaphor is forward movement.

The Bull charges because standing still is not an option.

When one door closed in telecom, Adenuga came back. When Glo entered the market late, it challenged the rules. When competition increased, the company invested in infrastructure. When telecommunications became part of culture, Glo expanded its reach beyond phones.

Three decades have not passed yet, but 23 years have made an impact.

So, this is not just a tribute to a billionaire or a telecom company. It is a tribute to audacity, persistence, and the courage to challenge the norm.

Twenty-three years after Glo entered Nigeria’s telecom scene, the market has changed, technology has changed, and consumers have changed.

But the Bull’s tracks remain.

And maybe the lasting lesson of Glo at 23 is this: sometimes market rules are not walls. Sometimes, they are just fences waiting for someone brave enough to push through.

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Chioma Eze

Founder & EIC. Lagos-based.

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