Sell 9mobile to fresh investor, not an existing operator for healthy competition
By Adeola Babatunde The Nigerian Communications Commission (NCC) has announced that of the five companies bidding to buy 9mobile, two of our GSM companies (Glo and Airtel) are involved. The Executive Commissioner of NCC, Chief Sunday Dare has also justified…
Banks’ bicker as NCC, CBN, 9mobile board working on too close to call winner
Considering the fact that no further extension will be granted as far the announcement of the new owners of 9mobile is concerned, all 13 banks whose $1.2bn was trapped in the telecoms network expansion drive between 2013 and 2016 are…
Why unveiling of new owners of 9mobile may not be this year but 2018 Q1
Indications emerged Thursday evening in Abuja that last minute reality checks made in readiness for the naming of the bid winner of 9mobile ran into clearance hitches traced to political interference and pockets of opposition coming from some banks whose…
9mobile: Two out five final bidders working on last minute JV deal
Considering that odds favour Globacom or Teleology Holdings Limited, indications emerged Wednesday showing that two (names with held), out of the three remaining finalists including Airtel, Smile and Helios Group are currently working on a surprise push for joint venture…
9mobile’s ownership odds favour Teleology Holdings, Globacom
Out of the last five shortlisted investors to acquire the embattled 9mobile Telecoms, indications emerged weekend, pointing to the directions of either Nigeria’s national carrier, Globacom or Teleology Holdings Limited, a special purpose vehicle (SPV), put up by some influential…
Fate of 9mobile may hobble national roaming deal with ntel
Though latest entrant to the nation’s telecoms industry and broadband operator, ntel, has flagged off a national roaming field trial with troubled telecommunications network operator, 9mobile, industry analysts are apprehensive that the deal may run into hitches following observed uncertainties…
Not all 10 interested buyers of 9mobile have met $100m bank guarantee
Indications have emerged suggesting that not all 10 listed potential investors (names with held) who qualified for the next stage in the bid process for 9mobile telecommunication, formerly Etisalat, complied with the tendering of a bank guarantee (or bond) of…
Can 9mobile survive managing Barclays crisis before end of 180 days?
As part of efforts to hold back what would have been a bad end to the business activities of Etisalat, now 9mobile, the combined drive of the Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC), in July…
Glo tops 9 others in race to buy 9mobile—-BH Investigations
10 telecom groups led by grandmasters of data, Globacom Nigeria Limited, and nine others including local and foreign entities are now confirmed in the race to buy over embattled 9mobile, formally Etisalat. Others listed in the race include Bharti Airtel,…
Is NCC lacking ideas in driving broadband penetration or…?
Since the seemingly failed auctioning of 2.6 GHz spectrum for the deployment of 4G services in 2016, there are indications that the telecoms regulator may have not been its self or it is still wondering why the auctioning failed to…
