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Confusion has again hit the bid for 9Mobile as the communications sector regulator, Nigerian Communications Commission (NCC), Wednesday said it had ordered fresh due diligence on the preferred bidder selected for the telecom firm.
The bid for the sale of 9mobile equities followed disagreement between Emerging Markets Telecommunication Services Limited (EMTS), formerly trading as Etisalat Nigeria, and the banks to restructure the repayment of a seven-year mid-term facility secured by the telco to service an existing loan and expand its network in 2013.
Subscribers of the 9mobile network in Abuja have appealed to the Telelogy, the new owner to ensure that it improves the Quality of Service for customers’ satisfaction.
Barclays Africa, the financial adviser handling the sale of 9mobile, Wednesday finally put to rest several media speculations about the actual sale of 9mobile.