Confusion imminent as 90-day payment window for Teleology on 9mobile draws near
Having met the initial payment of compulsory $50m following its declaration by Barclays Africa as bid winners in the sale of troubled 9mobile, all eyes are now on Teleology Holdings Limited to come up with the final payment very soon…
9Mobile: Investment plans of Teleology Group clear on repayment of bank debts—Source
Just as several sponsored campaigns of calumny are firing the preferred bidder of embattled 9mobile, Teleology Holdings Limited from every angle, a usually dependable source in the company has brushed aside all the media war, saying the company has all…
‘Forget all the backdoor moves, new owners of 9mobile, Teleology’ll meet time’
Contrary to all the observed schemes and organized media attacks designed by opposition to frustrate Teleology Holdings in becoming the final core investor in the sale of 9mobile, a usually dependable source on Tuesday, confided in Business Hilights that “Teleology…
Ongoing sale of 9mobile programmed to be inconclusive from day one—Expert
A Lagos based investment consultant, Donald Akugah has argued that the ongoing sale of troubled 9mobile has all the characteristics of a process designed to fail midway. Speaking in an interview with Business Hilights correspondent in Abuja on Thursday over…
NCC insists on conducting fresh integrity test on Teleology’s technical competence
…Claims Broadband penetration now 22% to hit 30% by year end The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof Umar Danbatta, on Monday in Lagos made it clear that no matter Teleology Holdings Limited may have emerged…
9mobile: Teleology may head to court over Reps order disrupting concluded sale process
Business Hilights Intelligence Unit (BHIU) weekend gathered that the preferred bidder of 9mobile, Teleology Holdings Limited is currently considering legal option on the latest twist in their ownership of the troubled fourth largest telecommunications company. A usually reliable source confided…
No doubt, some interests working to do away with Teleology in sale of 9mobile—Pundits
Looking for the murkiest sale of an enterprise in current Nigeria, it is 9mobile. Murky in the sense that the targeted buyer or bid winner by some unseen but powerful interests, may not have emerged according to their plots and…
Teleology’ll inherit 13 banks’ debt from 9mobile in exchange for payment plan—Wood
Following the successful payment of the initial $50m, emerging owners of 9mobile, Teleology Holdings Limited says “With the execution of the Loan Purchase Agreement, Teleology will take over the loans of the 13 banks from 9mobile in exchange for a…
3rd condition of fresh NCC’s terms on sale of 9mobile unfair to Teleology—Analysts
Even though Teleology Holdings on Wednesday, beat deadline for the initial payment of $50m to rest Smile’s media campaigns, a serious crack in the genuineness of the Nigerian Communications Commission (NCC) in driving the sale of 9mobile has emerged following…
9mobile: Payment deadline of $50m may be extended for Teleology Holdings if…
Though there are strong indications that the preferred bidder in the sale of 9mobile, Teleology Holding Limited may meet the initial payment deadline, signal emerged on Monday, hinting of possible two weeks extension of the payment time-frame. The letter of…