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…
Knocks for Smile Telecoms over derogatory comments on sale of 9moblie to Teleology
The recent description of the entire process leading to the naming of Teleology Holdings Limited as the preferred bid winners of 9mobile as ‘untidy’ by the reserved bidder, Smile Telecoms, has started attracting condemnations from stakeholders in the industry. Smile…
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…
We said it: Adrian Wood’s Teleology now preferred bidder for 9mobile
Indications emerged weekend that the interim board of 9mobile is set to give ownership nod to Teleology Holdings Limited as the preferred bidder for 9mobile. The embattled telecom is Nigeria’s fourth-largest mobile network which last year ran into the murky…
9mobile: Confidence crisis hits sale as 3 out of 5 finalists develop cold feet?
Inability of the sales handlers to deny a report by The Cable since weekend that three out of the five shotlisted five companies including Airtel, Helios and Globacom may have developed cold feet in the final bidding round of troubled…
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…
9mobile: Two out five final bidders working on last minute JV deal
Considering that odds favour Globacom or Teleology Holdings Limited, indications emerged Wednesday showing that two (names with held), out of the three remaining finalists including Airtel, Smile and Helios Group are currently working on a surprise push for joint venture…
9mobile’s ownership odds favour Teleology Holdings, Globacom
Out of the last five shortlisted investors to acquire the embattled 9mobile Telecoms, indications emerged weekend, pointing to the directions of either Nigeria’s national carrier, Globacom or Teleology Holdings Limited, a special purpose vehicle (SPV), put up by some influential…
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…
