My most successful business yet - Internet modem rental

My most successful business yet - Internet modem rental

By Hafiz Adewuyi   January 03, 2017   No comments :

In my penultimate year at the University of Lagos (2011), I had a Starcomms modem which I used for browsing the internet through my laptop. It had decent upload and download speeds but the ultimate sell was that there was no data cap. You could download as much as you wanted to.

However, I had a little challenge. I had to pay a subscription of N6000 naira every month. This was quite a huge chunk of money for me back then and not something I could easily take out of my N20000 naira monthly allowance. To finance the modem, I had to dip my hands into my savings account, which actually contained money that should not be accessed for trivial purposes. I wasn't happy with this fact and I sought to find a way to solve my dilemma. I did not want to forfeit the internet access which the modem provided. Neither did I want to part which that chunk of money when I was only going to be using the modem for a fraction of the twelve-hour period during which it was active daily.

Enter sharing economy. To solve my problem, I simply had to ensure that the modem was getting maximum utility. And since I only needed at most, 3 out of the 12 hours of internet access it provided every day, I had to find someone else who needed it and was willing to pay to use it for the other 9 hours.

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And Glo wins the data bundle price wars

And Glo wins the data bundle price wars

By Hafiz Adewuyi   April 18, 2015   No comments :

Yeah, yeah. Of course I know it's not news that Glo is one of the most cost effective options for a mobile data plan in Nigeria. However, this information was not of much value to me until recently. My office broadband used to cater for majority of my data needs. That coupled with the fact that I had a salary, I was fine with the 3500 naira for 4.5GB data plan on Airtel. For some reason though, I decided to walk out of my job, in the process, forfeiting a couple of freebies, one of which is free wifi. This used to be available round the clock (more or less).

Inevitably, I had to step up or risk widening the hole in my already leaky pockets. Behold, I remembered Glo and sometime during the week, I picked up a 200 naira SIM card while passing through computer village. Today, I proceeded to look up the specifics of Glo's data plans. What I saw, I must say, is truly impressive, considering what the rates are at competitors. Glo is doing nothing short of giving core data providers like Swift, Smile and Spectranet a run for their money.

Following is a quick presentation of my today's findings:

1. Glo's amazing data bundle offering is actually a promotion called Glo OVERLOAD. When you subscribe to the offer (dial *200# on your Glo sim), you become eligible to receive thrice the original data allowance on data bundle purchases from 2000 naira, upwards;

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