9Mobile loses ‘Orange’ opportunity to Airtel Sierra Leone
Orange, one of the world’s leading telecommunications operators, announced on Wednesday, the official launch of its brand in Sierra Leone after it successfully completed the acquisition of Airtel Sierra Leone to become Orange Sierra Leone. Many Nigerian industry analysts said…
Belo-Osagie’s resignation opens new Etisalat’s debt liabilities to contractors
Barely few hours after the resignation of the Chairman of Etisalat, Mr. Hakeem Belo-Osagie, another round of debt profile owed contractors has raised its head in the telecoms company. Otherwise, Etisalat will not be battling only the $1.2bn debt to…
NCA: How Etisalat’s operating licence can be transferred to banks’ on further default
Barring further collapse of Etisalat’s $1.2bn syndicated loan repayment negotiations this week, legal experts have smoked out a possibility from the extant Nigerian Communications Act (NCA), showing that even though issuance of a mobile telephone license is personal to the…
NCC warns banks’ as last fight for the soul of Etisalat rages, assures subscribers
In a terse statement issued on Tuesday evening by the Nigerian Communications Commission (NCC), the agency said its attention has been drawn to a planned takeover of Etisalat by a consortium of banks. The statement signed by the Director of…
Last week to decide Etisalat’s destiny on $1.2b debts owed banks begins today
Feelers form some of the major banks owed by the telecoms group; Etisalat on Sunday revealed that this week remains the period for final decision on the troubled $1.2 billion syndicated loan crisis rocking the firm with about 13 Nigerian…
What if Globacom or Dangote buys Etisalat to rest loan default crisis, grow sector?
Crack analysts and deep pocket pundits in the nation’s telecoms sector have started putting figures, trends and happenstances together on a tactical way forward that can better the lot of the industry in Nigeria. One of their proposals is tilting…
GTB, Zenith Bank, others await second tranche of Etisalat’s negotiated loan payment
Indications have emerged, showing that the dusts raised by $1.2 billion, about N30bn loan jointly pulled by a consortium of banks in 2013 for Etisalat are yet to settle. Earlier last month, banks involved in the deal opened up to…
Orange, 2 other European telecoms giants closing in on acquiring Etisalat if…
Another window of opportunity for any of the three (names with held) deep pocket telecoms investors based in Europe who had been targeting to buy any of the exit rumoured GSM companies. It would be recalled that weekend, the news…
Etisalat bags ISO 14001:2004 EMS certification
As a proof of its commitment to excellence and global best practices, Etisalat, has been awarded the prestigious ISO 14001:2004 EMS international standards certification. The certification makes Etisalat the first telecommunication company in Nigeria to successfully implement the ISO 14001:2004…
Tracking now: NCC finally secures soft landing for debt-ridden Etisalat with CBN, banks
It was reprieve for Mobile Network Operator, Etisalat on Friday following a meeting convened by Central Bank of Nigeria (CBN) and Nigerian Communications Commission (NCC) to find a quick resolution to the loan default crisis facing the company. A statement…
