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Nairaland Forum / Science/Technology / Phones / Etisalat Nigeria’s Troubles Worsen As Largest Shareholder Pulls Out (25677 Views)
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Re: Etisalat Nigeria’s Troubles Worsen As Largest Shareholder Pulls Out by whitebeard(m): 9:08am On Jun 16, 2017 |
kings09:no mind am....mumu individual |
Re: Etisalat Nigeria’s Troubles Worsen As Largest Shareholder Pulls Out by Ajewealth123(m): 9:08am On Jun 16, 2017 |
kings09:oga gbenu e soun, it show you are not a good businessman. This people are stingy with everything,they will never follow the tide hence the loss. Despite how worst glo's network is, they are still relevant and trending you know why? They understand that Nigerians needed something cheap even if it isn't original. And they keep achieving their aim! Adenuga didn't just become the second richest due to his oil and gas,Glo is his major and popular asset. 1 Like
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Re: Etisalat Nigeria’s Troubles Worsen As Largest Shareholder Pulls Out by Nobody: 9:09am On Jun 16, 2017 |
themayor4542:a little here, a little there makes a mighty ocean. In business, 100 naira matters and should be accounted for. It's only banky we are talking, how about other we didn't even get to know of. This is a case of poor management, bad debt restructuring and financing. 1 Like |
Re: Etisalat Nigeria’s Troubles Worsen As Largest Shareholder Pulls Out by Nobody: 9:10am On Jun 16, 2017 |
uzoclinton:I agree 100% to this. I have a dedicated MTN sim for my modem and they've never disappointed me. I use Airtel for my smartphone though. That's their area of expertise. Etisalat did well. Its just that they didn't have a good business plan. 3 Likes |
Re: Etisalat Nigeria’s Troubles Worsen As Largest Shareholder Pulls Out by iamtardey: 9:12am On Jun 16, 2017 |
I no see or hear say them dey owe anybody ![]() |
Re: Etisalat Nigeria’s Troubles Worsen As Largest Shareholder Pulls Out by SalamRushdie: 9:14am On Jun 16, 2017 |
Greyworld: Bad belle will just kill you for nothing ..what has MTN done to you exactly ? |
Re: Etisalat Nigeria’s Troubles Worsen As Largest Shareholder Pulls Out by iamtardey: 9:14am On Jun 16, 2017 |
I don't have the money to buy it... if I have and dey 1 sell and I wan buy.
I Go Buy #caseclosed |
Re: Etisalat Nigeria’s Troubles Worsen As Largest Shareholder Pulls Out by KemjikaEme: 9:26am On Jun 16, 2017 |
Am i the only one that has been unable to browse with my etisalat line since this week? I've complained to them yet the issue has not been resolved. |
Re: Etisalat Nigeria’s Troubles Worsen As Largest Shareholder Pulls Out by burkingx(f): 9:30am On Jun 16, 2017 |
ChangetheChange: 2 Likes
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Re: Etisalat Nigeria’s Troubles Worsen As Largest Shareholder Pulls Out by matrixme(m): 9:37am On Jun 16, 2017 |
some people are just alive but sleeping. How can one have the opportunity to invest in fastest moving sector in the most populous country in Africa, an emerging market for that matter and appear to be loosing it? many of Etisalats financial advisors deserve a job as a clerk in a local government in Nigeria. The network has never devised anything appealing to me except for the free sim I got once and never used. They need to go and appease MTN with sacrifice and ask how those guys are doing it. 3 Likes |
Re: Etisalat Nigeria’s Troubles Worsen As Largest Shareholder Pulls Out by Kobicove(m): 9:43am On Jun 16, 2017 |
NwaAmaikpe: ...and how much did they pay Banky W? What I suspect is that top management hijacked the contracts and executed them at inflated costs. ![]() That contributed to negative indices with the consequence that return on investment was not met Nothing infuriates foreign investors as much as that |
Re: Etisalat Nigeria’s Troubles Worsen As Largest Shareholder Pulls Out by Nobody: 9:49am On Jun 16, 2017 |
Greyworld:Mtn doesn't have any monopoly in the first |
Re: Etisalat Nigeria’s Troubles Worsen As Largest Shareholder Pulls Out by Nobody: 9:57am On Jun 16, 2017 |
BennyMM: What has God, got to do with this? Does he have etisalat number or is he one of their investors? Let etisalat go, they won't be missed 1 Like |
Re: Etisalat Nigeria’s Troubles Worsen As Largest Shareholder Pulls Out by Nobody: 9:58am On Jun 16, 2017 |
majekdom2:Funniest thing is mtn rarely make endorsement the way these operators does. They have few celebrities as ambassador yet they keep glowing while the like of glo doesn't. Endorsing celebrities hasn't increase their subscriber base 1 Like 1 Share |
Re: Etisalat Nigeria’s Troubles Worsen As Largest Shareholder Pulls Out by wristbangle: 9:59am On Jun 16, 2017 |
I think Adenuga should buy Etisalat though the challenges will be massive considering the debt owed by etisalat, cost of operation which IHS handles their roll out operations and the way Glo handles their business. To be honest, the economic situation has deterred so many investors to leave the country. To burn diesel everyday no easy, where is the electricity? But still some organizations still break even |
Re: Etisalat Nigeria’s Troubles Worsen As Largest Shareholder Pulls Out by luckysparks(m): 10:00am On Jun 16, 2017 |
oluseyiforjesus: ![]() 3 Likes |
Re: Etisalat Nigeria’s Troubles Worsen As Largest Shareholder Pulls Out by Sagay212: 10:03am On Jun 16, 2017 |
Our senseless thieving politicians won't use their stolen billions to invest in etisalat now o. They will be hiding money inside soak away and empty building. Indians or south Africans will take advantage and buy etisalat and improve it and when they start making money and sacking or treating Nigerians the way they like, we will start shouting chase them out. May God give use sense in this country 2 Likes |
Re: Etisalat Nigeria’s Troubles Worsen As Largest Shareholder Pulls Out by chijiblaze(m): 10:05am On Jun 16, 2017 |
mamatayour: Changed their name to what? |
Re: Etisalat Nigeria’s Troubles Worsen As Largest Shareholder Pulls Out by sshalom(m): 10:20am On Jun 16, 2017 |
NwaAmaikpe:Haba! |
Re: Etisalat Nigeria’s Troubles Worsen As Largest Shareholder Pulls Out by Themandator: 10:58am On Jun 16, 2017 |
NestOil will soon be announced as the new majority owner. |
Re: Etisalat Nigeria’s Troubles Worsen As Largest Shareholder Pulls Out by Themandator: 10:59am On Jun 16, 2017 |
wristbangle: Smile network will soon acquire it ....NestOil |
Re: Etisalat Nigeria’s Troubles Worsen As Largest Shareholder Pulls Out by wristbangle: 11:04am On Jun 16, 2017 |
Themandator: Lol @ smile network. A network that feeds on glo 1 fibre. Nestoil as how? I don't understand. |
Re: Etisalat Nigeria’s Troubles Worsen As Largest Shareholder Pulls Out by Themandator: 11:08am On Jun 16, 2017 |
Kobicove: Etisalat borrowed when dollar was priced reasonably and fortunately when the debt fell due for repayment dollar had ran out of control. They wanted a window to make the repayment in the local currency but was refused ...whatever they pay to artist is insignificant colmpared tok what is on ground |
Re: Etisalat Nigeria’s Troubles Worsen As Largest Shareholder Pulls Out by Nobody: 11:12am On Jun 16, 2017 |
uzoclinton: You know how many jobs will be lost?no talk like that my brother 2 Likes |
Re: Etisalat Nigeria’s Troubles Worsen As Largest Shareholder Pulls Out by Themandator: 11:12am On Jun 16, 2017 |
matrixme: Mtn is a conduit pipe for most South African business in Nigeria....all of them are on the network which swells the profit of the company and is expatriate through hefty payment for contracts to companies in the home country ......Etisalat doesn't have UAE companies that can patronize them like Mtn....imagine dstv , Ibtc, shoprite and so many al using the network ,alone |
Re: Etisalat Nigeria’s Troubles Worsen As Largest Shareholder Pulls Out by Themandator: 11:14am On Jun 16, 2017 |
wristbangle: Both are owned by same person, Ernest Azudialu. |
Re: Etisalat Nigeria’s Troubles Worsen As Largest Shareholder Pulls Out by Nobody: 11:16am On Jun 16, 2017 |
Sagay212: Amen to that my brother, but Africa problem, prayer no fit solve am, only restructuring and action can. God no fit heaven come clean our asses, but him fit grant us knowledge to tackle am. |
Re: Etisalat Nigeria’s Troubles Worsen As Largest Shareholder Pulls Out by Nobody: 11:19am On Jun 16, 2017 |
SalamRushdie: is not a matter of what MTN has done to him, monopoly is never a good thing, as lack of competition could lead to increase in price and decrease in quality. put Nigeria first |
Re: Etisalat Nigeria’s Troubles Worsen As Largest Shareholder Pulls Out by Themandator: 11:25am On Jun 16, 2017 |
Ajewealth123: He is actually the richest ....Dangote has all his major companies listed on the stock exchange hence his rating ....if this man list Glo, sells just five percent of Glo on the exchange do you know how much he is going to take in and what the overall effect would be on his rating? Those ratings are tied to how easy it is to evaluate your company not that if push comes to shove that you are the don of money.....Adenuga has just conoil on the exchange 1 Like |
Re: Etisalat Nigeria’s Troubles Worsen As Largest Shareholder Pulls Out by wristbangle: 11:53am On Jun 16, 2017 |
Themandator: Okay but still these coys does not have the financial muscle to acquire etisalat due to its debt. Remove $1.2 billion from his net worth, how much will remain? Nestoil is liquid but smile telecoms is not liquid enough |
Re: Etisalat Nigeria’s Troubles Worsen As Largest Shareholder Pulls Out by SalamRushdie: 12:19pm On Jun 16, 2017 |
Ezechinwa: We have 4 mobile telcos yet you think MTN has a monopoly going on and you have refused to destroy your MTN Sim till date |
Re: Etisalat Nigeria’s Troubles Worsen As Largest Shareholder Pulls Out by matrixme(m): 12:22pm On Jun 16, 2017 |
Themandator:so are you saying that expatriates are the ones making the profit for MTN in Nigeria while the rest of us loading card daily are just a necessary burden? OK does Glo have expatriates too, supporting its network after all it isn't doing so bad |
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