‘Delay in naming Teleology Holdings as preferred bidder for 9mobile dangerous’
Following indications that Teleology Holdings remains the highest bidder for the ownership of 9mobile, formally Etisalat Nigeria, the observed delay in announcing it as the winner is causing apprehension in the industry. Industry experts had expected the announcement since the…
9mobile suddenly becoming ‘Rose flower’ for prospective investors?
Following last Friday’s High Court judgement nullifying the appointed board of 9mobile at a time stakeholders are waiting for the unveiling of the new owners and the follow up caveat emptor issued by Spectrum Wireless Communication on the sale of…
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…
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,…