TheCable Lifestyle learnt from reliable sources that Globacom decided to end their contract due to the public controverses Psquare has been involved in, within the past year.
Owing to managerial and creative disputes, Peter and Paul have had series of social media disagreements which led to a temporary split early this year.
The pair, a few months ago, announced that they had reunited and settled their differences.
Shortly after, they released a new single titled ‘Bank Alert’ and recently dropped the star-studded video for the song.
An insider in Globacom revealed to TheCable Lifestyle that Psquare has already written a joint letter to the management of Globacom to reconsider them as brand ambassadors.
The letter also contained an apology to the telecommunications company over their public rifts but TheCable Lifestyle understands that there is no going back.
Top shots at Globacom are believed to have made up their mind to do away with the brothers after failing to keep their dirty laundry private.
The public nature of their disagreements is considered detrimental to the public image of Globacom, hence the cessation of ties.
Psquare got signed to Globacom in 2010 on a four-year contract which was later renewed in 2014.
Their deal is worth an estimated N65m per year.