9Mobile: Is NCC’s technical evaluation on Teleology becoming endless?
…Nigerians worried on dearth of information on 9Mobile’s acclaimed bid winner Whereas the consortium of banks that raised the over $2.1bn facility which 9mobile, formally Etisalat Nigeria defaulted, are running out of patience, telecoms industry players are also becoming apprehensive…
9mobile: NCC risks court action, regulatory confidence crisis if it upturns Teleology win
As industry stakeholders’ and banks await the final pronouncement on the substantive bid winner of embattled 9mobile, there are strong indications that high caliber legal battle and crisis of confidence on the regulatory integrity of the Nigerian Communications Commission (NCC)…
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: Teleology Holdings set to meet non-refundable $50m deposit deadline
Logistics and arrangements are in top gear at Teleology Holdings Limited, the preferred bidder of 9mobile telecoms to make the official non-refundable cash deposit of $50 million within the given payment window of 21 days after the announcement. Barclays Africa,…
Knocks for Smile Telecoms over derogatory comments on sale of 9moblie to Teleology
The recent description of the entire process leading to the naming of Teleology Holdings Limited as the preferred bid winners of 9mobile as ‘untidy’ by the reserved bidder, Smile Telecoms, has started attracting condemnations from stakeholders in the industry. Smile…