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The Nigerian Communications Commission on Wednesday clamped down on businesses and individuals that illegally use Global System for Mobile boosters to cause interference in the network service of 9mobile. The Head of Enforcement Unit, NCC, Mr. Salisu Abdu, said the commission discovered four...
NIGERIA’s fourth telecom operator, 9mobile, has suffered a loss in market share estimated at N5.5 billion in six months, occasioned by the confusion and delay in the sale of the company. The telecom company which prides itself as the most innovative, having tailored
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Executive Vice Chairman of the Nigerian Communications Commission (NCC) , Prof. Umar Dambatta has assured that new investors expected to take over 9mobile telecommunications will pay all outstanding debts, including the N1.1bn spectrum band fee to the federal government.
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The sale of embattled telecommunications firm, 9Mobile, is expected to be completed by March, according to expectations from the Nigerian Communications Commission (NCC), which disclosed that between now and the next 40 days, a new investor should emerge for 9Mobile.
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Boye Olusanya, CEO, 9Mobile While initial reports in the past week suggested that Teleology Holdings won the 9mobile bid, there are allegations that there might have been irregularities in the bid process. Two of the companies that participated in the bidding round, Bharti Airtel and Helios have...
Recent reports indicated that Teleology Holdings Limited may have been finally selected as the preferred bidder for 9Mobile, formerly Etisalat Nigeria, the country’s fourth-largest mobile network. This development may have brought to an end the acquisition process supervised by Barclays Africa...
Analysts say the recent development in the 9mobile bidding process where Bharti Airtel, one of the five listed potential investors has pulled out, may leave the telecommunications company with no other choice but to file for bankruptcy.
via BusinessDay : News you can trust –...
By Musa Abdullahi Krishi A House of Representatives panel yesterday summoned members of the board of the defunct Etisalat Nigeria over the mismanagement of about N500 billion obtained from commercial banks. The committee said during a hearing with some stakeholders in the telecommunications...
Dr Joseph Nnanna, Interim Chairman, 9Mobile Reports by Thisday suggest that United Capital Trustees, the receiver manager for 9Mobile, will challenge a court ruling issued last week declaring the interim board of 9Mobile null. Spectrum, according to an official of the company had made indirect...
By Prince Osuagwu (Hi-Tech Editor) The Nigerian Communications Commission, NCC says it is committed to a legitimate process in the attempt to sale 9mobile to a preferred bidder tomorrow. 9Mobile The Commission however declined comment on whether the nullification of the telco’s interim board by...
There were days when the telecom sector was hailed as a pre-eminent driver of economic growth and development across Nigeria. The telecom industry was at the time, what economists call the “growth phase.” Millions of people took up mobile phones, some for the first time. And …
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Oladimeji Ramon The Federal High Court in Lagos has nullified the appointment of an interim board for Emerging Markets Telecommunications Service, the owners of Etisalat. Justice Ibrahim Buba made the order on Friday based on an application by Spectrum Wireless Communication Ltd., which was said...
This court order could halt the 9Mobile sale Boye Olusanya, CEO, 9Mobile The nullification of a Federal High Court order granting the interim board of 9Mobile legitimacy could throw a spanner in the sale process for the telco. The order, was granted in 2017 following the setting up of an interim...
Globacom has categorically denied media reports insinuating it is set to acquire 9mobile. Telecommunications company, Globacom, has distanced itself from media reports insinuating that it is the preferred bidder to acquire competitor telecommunications company, 9Mobile. In a press statement...
The Nigerian Communications Commission (NCC) has said that the new deadline to conclude bidding for the acquisition of 9Mobile is Jan. 16, as against Dec. 31, 2017, the former date. The Director, Public Affairs of NCC, Mr Tony Ojobo, said that the extension was because there had not been …...
The Nigerian Communications Commission (NCC) on Thursday dismissed reports alleging that a preferred bidder has been anointed for the acquisition of telecom giants, 9Mobile. The NCC, in a statement signed by its Director of Public Affairs, Tony Ojobo, insisted that the process for the...
The Nigerian Communications Commission (NCC) has said it didn’t anoint any preferred bidder to acquire 9mobile. Some newspaper publications had alleged that a preferred bidder has been anointed by NCC to acquire 9Mobile and thereby speculated on the outcome of the ownership transfer process. But...
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