Business Hilights

Tracking Nigeria's Headline Business News Online

Teleology Holdings Limited

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ICT

Massive porting imminent as tech partners decry Wood’s ouster at 9mobile

In the last few weeks, there had been rising tension around embattled 9mobile and the current true drivers of Teleology Holdings Limited previously powered by Adrian Wood, former chief executive of MTN Nigeria. Trouble seems to have started when news…

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ICT

Just in: At last, NCC transfers ownership of 9Mobile to Teleology Holdings

…Stephane Beuvelet named new Managing Director as NCC maintain mute Barely one week, Business Hilights published a story on whether the telecoms regulator, the Nigerian Communications Commission (NCC) is carrying out integrity test on bid winners for 9Mobile, Teleology Holdings…

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ICT

Just in: Teleology Holdings scales NCC, CBN integrity tests, set to run 9mobile

Though official confirmation is still hard to get, strong indications emerged between Wednesday evening and Thursday afternoon that nearly one year on, Teleology Holdings Limited has passed the last integrity test and is set to assume ownership of 9Mobile any…

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ICT

9Mobile: NCC’s stress test on Teleology Holdings placing cart before the horse?

  …As two shareholding firms remind NCC, CBN of Court Order barring sale  Though there has been nothing suggesting that there is a surreptitious move to edge out Teleology Holdings Limited in the takeover of cash-strapped 9mobile after it had…

9Mobile
ICT

Its over for Smile as NCC finalises 9mobile takeover by Teleology Holdings?

Contrary to heated campaign by the reserved bidder in the sale of troubled 9mobile by Barclays Africa, all is getting set for the seamless handover of the firm to Teleology Holdings Limited as lead telecoms regulator, the Nigerian Communications Commission…

9Mobile
ICT

CBN grants Teleology Holdings 20 working day plea on deadline extension

Though the 90-day payment completion window officially given to Teleology Holdings Limited expired weekend, indications are rife that its 20 working day plea for extension was granted by the Central Bank of Nigeria (CBN). Teleology Holdings Limited, the preferred bidder…

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ICT

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…

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ICT

9Mobile: Investment plans of Teleology Group clear on repayment of bank debts—Source

Just as several sponsored campaigns of calumny are firing the preferred bidder of embattled 9mobile, Teleology Holdings Limited from every angle, a usually dependable source in the company has brushed aside all the media war, saying the company has all…

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…

Teleology’ll inherit 13 banks’ debt from 9mobile in exchange for payment plan—Wood

Following the successful payment of the initial $50m, emerging owners of 9mobile, Teleology Holdings Limited says “With the execution of the Loan Purchase Agreement, Teleology will take over the loans of the 13 banks from 9mobile in exchange for a…