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,…
More prominent Nigerians approach new owners of 9mobile for investment deals
There are ample signals that a number of prominent Nigerians with deep pockets and investible funds are currently dangling terms with the new owners of 9mobile, Teleology Holdings Limited. Business Hilights Intelligence Unit (BHIU), a research arm of Business Hilights…
Barclays Africa begins re-branding drive to Absa Group by 2020
Barclays Africa Group, the core arranger for the sale of 9mobile in Nigeria is at the verge of rebranding to Absa Group. There are indications that the group had since completed its job on 9mobile, but there are some developments…
NCC silent on Teleology as emerged bid winners of 9mobile, plots stress test
What can be easily seen by followers of the endless sale of troubled 9mobile, formally Etisalat Nigeria as new twist is the latest decision of the Board of the Nigerian Communications Commission (NCC). Otherwise, whereas the board reassures industry stakeholders…
NCC raids Ikoyi over 9mobile’s service disruptions, impounds GSM Boosters
The Enforcement Unit of the Nigerian Communications Commission (NCC) on Wednesday stormed Ikoyi area of Lagos, shutting down organisations in four locations, whose installations have been observed as causing network interferences to service delivery on 9mobile network. During the raids,…
MTN overrides others as internet subscribers hit 98.3m in December
Whereas latest statistics on Nigeria’s internet uptake has shown that users increased marginally to 98.3million in December 2017, the figures revealed that MTN Nigeria grossed network users with 2,642.666, new internet users, thus increasing its subscription in December to 36,069,597,…
9mobile sale: Airtel, Helios petition FG over confidence issues
Fresh controversy is about to envelope the nearly concluded sales process of embattled 9mobile, formally Etisalat Nigeria. Only yesterday, Wednesday, indication emerged that Bharti Airtel International, owners of Airtel Nigeria and UK private equity firm, Helios Investment Partners, have petitioned…
‘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…
Former Spectranet boss, Venn gives business strategy for emerging owners of 9moblie
Immediate past managing director of Spectranet 4G LTE, Mr. David Venn has given market entry strategies for whoever that will soon be named as the owners of embattled 9mobile, formerly Etisalat Nigeria. In an international telephone interview with Business Hilights,…
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…
