March 29, 2012

Prepay Nation Announces Partnership with Globacom in Nigeria

Glo to offer international mobile top-up through Prepay Nation’s North American and European retail channels

March 29th, 2012- Prepay Nation, one of the fastest growing providers of international airtime transfers for prepaid mobile operators in emerging nations, has announced an alliance with Nigeria’s national telecom operator, Globacom. Through the partnership, individuals living in the US, Canada, and Europe will be able to transfer small values of airtime to Glo customers in the form of airtime minutes, from a diverse array of convenient retail locations.

The partnership will provide the significant and growing Nigerian expatriate community in North America and Europe-estimated at over 5 million individuals-as well as those with loved ones living and working abroad in Nigeria, with access to instant International Mobile Top Up (IMTU) service through Prepay Nation’s retail distribution network. The service provides a vital avenue through which customers can support their Nigeria- based friends, colleagues, and loved ones, instantaneously replenishing their mobile airtime minutes from a nearby partner retailer.

“We are excited to partner with Glo,” said Sarah Feidt, Head of Marketing at Prepay Nation. “They are pioneers in their market, and our international mobile top-up services are a perfect fit with that. We’re also pleased to serve the Nigerian Diaspora, which remits an estimated $20 billion annually; being able to send small amounts to their loved ones instantly in the form of airtime minutes will no doubt be extremely valuable to this supportive demographic.”

Also speaking about the development, Head of Glo Gateway, Adeniyi Olukoya said that the partnership will further help to improve the connection between Nigerians in the Diaspora and their loved ones at home who they can send Glo international airtime top-ups by visiting any of the thousands of Prepay Nation partner outlets across Europe and in North America.

“This partnership is significant as it offers greater opportunity to millions of Nigerians in the Diaspora to support their family, friends, colleagues and loved ones by easily and instantaneously replenishing their mobile airtime minutes on the Glo network through Prepay Nation and their partner retailers”, he stated.

About Globacom

Owned by the Mike Adenuga Group and launched in Nigeria in 2003, Globacom has consistently grown to support over 22 million subscribers on its network in Nigeria and Benin Republic with many more set to come on board in Ghana where it is set to launch soon. Glo has also made history as the first company to single-handedly build an $800 million high-capacity fiber-optic submarine cable, known as Glo-1. It is the first successful submarine cable from the United Kingdom to Nigeria with connections to 12 other African countries and a dedicated extension to the United States. Already, the cable is offering immense bandwidth capabilities to homes and businesses in Nigeria and beyond, radically changing the way that people work and play across the continent.