datola:
Agreed ke. Were they begging them to buy?

This was the part that pained me the most. "Agreed", as if they were on the streets begging anybody and everybody to buy Etisalat.

Good news!

No wonder Eti People keep deducting (stealing)people's money all in the name of Recharge Spill and Win Promo.. Illegal way of extorting money from their clients to cover their debt..
TIF TIF PEOPLE...NDI OSHI

again!!!! no waaoo

dheaven:

If they can cover rural areas they will succeed because many villages in Nigeria do not have network coverage up till now.

That's d way out I tell u and b4 u know it, they will recover in no time.

Etisalat should just reduce their price of data..that's all..

G

Senorita123:
Nawa o.... This should be like the 29.5th buyer

Who is 0.5th person?!

Senorita123:

Really.? .. I never knew tho

You've known now, smiles

What do you meaning 4th largest? There are 4 telecoms coy's in Nigeria na.
The least telecoms coy is more appropriate

Kingwizzy16:


Not good for downloading

Thats an evidence that etisalat has the fastest signal but Empty-hen has the strongest signal

LibertyRep:
I'd still have love Glo to acquire 9mobile.

Or any other indigenous business man

God4bid. Glo what? So nobody can use 9mobile data again abi?

Is that why their network has been very bad

50 non refundable million dollars. Wow! It's a numbers game. The memory of Paddy Adenuga's purported acquisition of Chevron Netherlands comes to mind.




Mean while, I have over 1000 mature Broilers available for sale. With average weight of 3.2
Price is 2800. Location is Sango Ota.

Which way Nigeria...Which way to go?

postbox:
Teleology Holdings has agreed to buy 9mobile, Nigeria’s fourth largest telecoms provider, the investment firm said on Thursday.

9mobile, formerly Etisalat Nigeria, took out a $1.2 billion syndicated loan from 13 local banks in 2013 but failed to make repayments last year. Under the stewardship of its lenders, it has changed its board, management and name and is now up for sale.

Teleology said it had made a $50 million deposit to meet conditions for the acquisition and had partnered with East Africa’s largest telecoms operator Safaricom to transform debt-laden 9mobile.

Teleology was set up by 12 telecoms industry veterans led by ex-MTN Nigeria executive Adrian Wood.

Barclays Africa picked Teleology as the preferred bidder for debt-laden 9mobile last month and asked the company to pay a non-refundable deposit of $50 million by March. Teleology said it transferred the deposit to the trustee holding 9mobile shares on behalf of the lenders.

Teleology said it had been in meetings in the last few days with executives of the organisation, lenders, regulators and Barclays Africa, on the acquisition.

The acquisition comes at a time of increased competition in Nigeria’s telecoms sector, Teleology said, adding that it plans to double 9mobile’s network and drive rural internet coverage.

Since the debt issue, 9mobile has lost subscribers. In October it had 17.1 million users, a 12.2 percent market share, which was down from 20 million subscribers, or 14 percent share earlier in 2017, the telecoms regulator said.

Reuters – (Reporting by Chijioke Ohuocha; editing by Jason Neely and Pritha Sarkar)

SOURCE : https://brandspurng.com/teleology-holdings-has-agreed-to-buy-9mobile-nigerias-4th-largest-telecoms-provider/

Stale Gist. You just woke up to hear this one now, abi? There were over 5 threads opened on this subject to announce the news, last month!

LibertyRep:
I'd still have love Glo to acquire 9mobile.

Or any other indigenous business man

That would be death sentence to 9mobile

Kulas:
MTN and GLO still the best, strongest and more reliable than all these all time name changing Unreliable baby Networks

Mtn is strong, reliable but glo is direct opposite. It would be better they change name