Revealed: Econet Founder Reveals Story Behind Company’s Downfall in Nigeria
Culled from Techpoint.africa By Efa Sunday Econet Wireless holds the record of being the first GSM operator to go live in Nigeria. This was way back in 2001 when they were only two operators, the other being MTN. Over the years, the company has undergone so many changes of name and management that we can hardly keep up. Strive Masiyiwa, CEO and Founder of Econet Wireless, recently took to his blog to reveal his side of the story behind the company’s downfall in Nigeria. An extract from the blog post: Strive Masiyiwa, CEO & Founder of ECONET It’s time to play by a different (ethical) set of rules (Part 7) Nigeria 1 of 5 Sometimes the price can be very high in the fight against corruption I had the privilege of making Nigeria’s first GSM phone call back in 2001 when I called the regulator to say, “We’re live!” Who would’ve believed then that Nigeria today would have more than 167 million mobile phones?! It all started out as a very exciting new chapter for enterprise in Africa. ...