Business Hilights

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Etisalat Nigeria

NCC Media Lagos
ICT

NCC insists on conducting fresh integrity test on Teleology’s technical competence

…Claims Broadband penetration now 22% to hit 30% by year end The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof Umar Danbatta, on Monday in Lagos made it clear that no matter Teleology Holdings Limited may have emerged…

9mobile 88
ICT

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…

9mobile 88
ICT

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…

9mobile 88
ICT

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…

Senate probe of Etisalat’s $1.2bn debt may disrupt buyers’ appetite—Experts

…As Fidelity Bank takes 5% impairment charge on debt Industry analysts have picked holes in recent move by the Senate on Tuesday to begin investigation into the crisis between Etisalat (now 9mobile) and 13 Nigerians banks over a $1.2bn loan….

ICT

How Etisalat experience forced NCC to begin telecoms stress test

The telecoms regulator, Nigerian Communications Commission (NCC), has technically begun stress test to weigh and ascertain the liquidity status of mega telecoms to avoid the repeat of the 9Mobile experience, formally Etisalat Nigeria. Though the board chairman of the Commission,…

9Mobile
ICT

9Mobile unveils website, www.9mobile.com.ng, says life begins @9

Formerly Etisalat Nigeria, now 9Moblie today, Tuesday, July 18, 2017 unveiled its new website, www.9moblie.com.ng. In a telephone interview with a senior official of the telecoms industry regulator, Nigerian Communications Commission (NCC), the staff who pleaded anonymity said “NCC was…

Etisalat banks
ICT

Etisalat’s 18.5m subscriber base bad for foreign buyers, good for Glo—BH Analysis

Contrary to speculations that Etisalat Nigeria loan default crisis will finally terminate with foreign investors coming to acquire its assets and liabilities, analysis of facts and figures on ground has shown that the possible deal in this circumstance is merger…

NCC Borad Cm
ICT

Etisalat Experience forcing NCC board to think stress test for telecoms

Considering the near financial insolvency troubling Etisalat Nigeria in the last couple of months following its inability to pay back $1.2bn syndicated loan from a consortium of 13 banks, the Board of the Nigerian Communications Commission (NCC) is currently looking…

Etisalat’s destiny to be decided in six months as new appointees take charge

Though the safety of subscribers is now guaranteed, issues surrounding who will own Etisalat Nigeria is expected to be figured out within the next six months of the transition managers headed by former deputy governor of the Central bank of…