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Teleology Holdings Limited

NCC: $100 million debts delay takeover of 9mobile

Fresh facts have emerged on why the sale of 9mobile still lingers despite the declaration of Teleology Holdings Limited as the preferred bidder by Barclays Africa, the financial adviser handling the sale.

NCC orders fresh due diligence on preferred bidder for 9Mobile

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.

Teleology Holdings gets 20 day extension for 9Mobile deal

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.

9Mobile: Teleology to pay $450 million in 90 days – NCC

The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Garba Umar Danbatta, said on Tuesday that Teleology Holdings Limited has paid initial deposit of $50 million for the acquisition of 9Mobile Nigeria Limited.

Teleology confirmed as preferred bidder of 9mobile

Barclays Africa, the financial adviser handling the sale of 9mobile, Wednesday finally put to rest several media speculations about the actual sale of 9mobile.

Federal govt petitioned over irregularities in 9mobile sale process

The sale process of 9mobile, formerly known as Etisalat, hit a new turn on Tuesday as Bharti Airtel and Helios Investment Partners LLP petitioned industry regulators over alleged “irregularities”.

Teleology emerges preferred bidder for 9Mobile

Indications have emerged 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.

Investor warns buyers off 9mobile

Spectrum Wireless Communication has issued a buyers beware notice on the sale of 9mobile.

NCC extends 9mobile sale deadline by 16 days

The sale process of 9mobile will now be concluded on January 16, 2018 following an approval of the extension of the deadline by the Nigerian Communications Commission (NCC), according to TheCable.

Glo, Airtel, others know fate on 9mobile takeover by December 31

The final buyer from among five bidders already shortlisted for the takeover of the distressed Nigerian telecoms company, 9mobile, will be announced by December 31.

Bharti Airtel eyes Nigeria’s 9mobile

If the Sunil Mittal-led telecom firm buys 9mobile, it will become the number one operator in Nigeria, Goldman Sachs added in the report based on an analyst meet arranged by the company.

Helios, others bid for Nigerian telecoms firm 9mobile

Private equity firm Helios Investment Partners has submitted a bid to acquire Nigeria’s 9mobile under a sale process aimed at finding new investors for the debt-laden telecoms firm, one person fimilar with the matter told Reuters.

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