VGC Communications Ltd.

... is one of Nigeria's leading providers of communications solutions; its principal activities include Voice Communications: local, national and international telecommunications services, networked IT services, domestic / international VSAT Gateway services and higher-value broadband and internet products and services.

We serves several business and residential customers in high brow areas of Lagos, Port Harcourt and Abuja, Nigeria with more than 20 thousand exchange lines, as well as providing network services to several other licensed network operators.

Our vision
Our vision is to be dedicated to helping our customers thrive in a changing  world. The world we live in and the way we communicate are changing, and we believe in progress, growth and possibility.

We are helping to make the lives of our customers and businesses better with tailor made products and services in accordance with their line of needs.

We are getting closer to customers, understanding their lifestyles and their businesses, and establishing long-term relationships with them, and of course very we're passionate about customers and are working to meet the needs, and we
are pro-active and easy to do business with; we care

Our Strategy
Our aim is to build long-term partnerships with our customers. With their support, we aim to maximize the potential of our traditional business, through a combination of enhanced quality of service, creative marketing, innovative pricing and cost efficiency.

Our values

• Trustworthiness

• Teamwork

• Inspiration by creating possibilities

VGC Communications Ltd. (“VGCCL”), was established in April 1995 with the primary objective of providing all the communications related services required by the residents of Victoria Garden City and Ikota shopping Complex, and thereby to enhance the quality of life and ability to conduct business activities in those areas of Lekki Peninsula, Lagos, Nigeria. It has an authorized share capital of Naira 100,000,000, which has been paid in full.

VGCCL is a subsidiary of Modern Communication Technologies Ltd. (“MCT”) a company registered in Gibraltar and itself a wholly owned subsidiary of Globe International Holdings S.A. (“Globe”) which is a holding company of many companies in Nigeria with activities in the construction industry, manufacturing and other activities.

Modern Communication Technologies Inc. (MCT) is the Communications arm of Globe International Holdings S.A. As of today, MCT operates only in Nigeria as MCT or through its subsidiary VGC Communications Ltd. (VGCCL). MCT own 100% of VGCCL shares.

Capital Structure
Modern Communications Technologies: 100% shares

BOARD OF DIRECTORS

Yaakov Chai Chairman/CEO

Victor Ogundimu Member

Azi Ronkin Member

'Dele Martins Member

 

Brief History

Community Telecommunications Services
By virtue of location, Victoria Garden City and Ikota Shopping Complex were outside the reach of the telecommunication infrastructure of the Nigerian Telecommunication Limited (“NITEL”). Globe therefore decided to take the initiative and commenced negotiations with NITEL through VGCCL for the provision of telecommunications services to VGC and Ikota Shopping Complex.

In pursuance of the above objective, On the 23rd of May 1995, VGCCL signed an agreement with NITEL (the National Telephone Company) to provide a telecommunications service in VGC before the Nigerian Communications Commission (NCC) was established, and invested in the laying of Fiber Optic Cables between VGC and the NITEL Exchange in Victoria Island.

This agreement was cancelled and replaced by a new agreement signed on 13th of October 1997 with the NCC in line with the decree regulating communication services in Nigeria, at that time. NCC granted VGCCL a license to provide community telephony services in Victoria Garden City and a license to provide Cabling Services within Nigeria, effective from 1st December 1997 and valid for a period of 10 years, renewable.

Within a few months of receiving its Community license, VGCCL completed laying 21 Kilometers of Fiber Optic Cables between VGC and NITEL Exchange at Saka Tinubu Street, Victoria Island. It also completed the installation of all necessary transmission and other equipment (supplied by SIEMENS) required for high quality voice and data transmission to and from Victoria Garden City.

VGCCL signed an interconnectivity agreement with NITEL in February 1998, and within few weeks, we concluded the necessary interconnectivity testing of its telephone network to NITEL’s Network. The connection was carried out at the point of interconnectivity at NITEL’s Exchange.

The PABX at VGCCL was fully operational and VGCCL decided to take advantage of its Fiber Optic Infrastructure and started to widen the base of its operations to include the provision of telecommunications services to the commercial/professional center of Victoria Island. This decision has paid for itself and as of today, the company is showing continuous growth.

The agreement with Nitel was overtaken by events by the establishment of the Nigeria Communication Commission (“NCC”). VGCCL found an opportunity to become a PTO and towards the end of 1998, the NCC licensed VGCCL as a Community Private telecommunications Operator (“PTO”).


Private National Network Links Services

On March 1st 1999, NCC upgraded VGCCL’s license from provider of community telephony services to National Private Network Link with License No. PNL/NAT/002/99.

This License allows VGCCL to provide Cabling and Radio telephone services all over the country.

Since year 2000, VGCCL has concentrated on providing services to large corporate customers (multi-nationals, oil companies, banks and Embassies) who are located in highly geographically concentrated centers and to smaller customers en-route to these corporate customers.

In January 2002, VGCCL commissioned a new Modern Digital Exchange (EWSD) manufactured by SIEMENS, and an SMA – 4 digital transmission equipment. Expandable up to 100,000 lines, this system has been upgraded as new software releases are made, and we have recently commissioned an STM-64 transmission system on our Lagos fibre optic backbone ring.