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Nairaland Forum / Science/Technology / Phones / 9mobile Is Up For Sale - Who Do You Think Would Buy It? (29125 Views)
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9mobile Is Up For Sale - Who Do You Think Would Buy It? by kingsamm(m): 9:23am On Nov 23, 2017 |
9mobile is currently up for sale after the initial saga that led them into changing names from Etisalat to 9mobile. The scramble to acquire 9mobile, Nigeria’s fourth largest network operator, has advanced to the next stage. 10 bidders are left out of the 16 who expressed interest in the purchase. And the highest bidder will acquire 9mobile. Here is a List of The 10 bidders of 9mobile 1. Globacom Nigeria Limited, Nigeria’s second largest network operator 2. Airtel Nigeria 3. Dangote Group’s telecoms business unit 4. Alheri Engineering Limited 5. Smile Telecoms Holdings 6. Centricus Capital and Africell 7. Abraaj Capital (Based in Dubai) 8. Teleology Holdings Limited 9. The Carlyle Group 10. Africa Capital Alliance (ACA) The 10 firms above have been pre-qualified to submit their financial bids for the acquisition of 9mobile, this will be the final process through which a winner with the highest bid submitted for 9mobile, will emerge. 9mobile, formerly Etisalat Nigeria, was put on the block early this year after it defaulted on a $1.2 billion loan from a consortium of 13 Nigerian banks. Etisalat Group the mother company in Abu Dhabi backed out leaving its Nigeria arm of business to its own fate, to survive on a new name. The question is, who do you think should acquire 9mobile among the 10 bidders? Source - http://www.naijatechs.com/2017/11/9mobile-is-up-for-sale.html 7 Likes 3 Shares |
Re: 9mobile Is Up For Sale - Who Do You Think Would Buy It? by brighttech95(m): 9:42am On Nov 23, 2017 |
is this real |
Re: 9mobile Is Up For Sale - Who Do You Think Would Buy It? by Hushpuppi: 10:11am On Nov 23, 2017 |
This is news.. I hope the most efficient win ... 6 Likes |
Re: 9mobile Is Up For Sale - Who Do You Think Would Buy It? by Vicboi1(m): 10:17am On Nov 23, 2017 |
I wish glo can win so they can use 2 bands for their 4g because the band 28 is not on every 4g phones 110 Likes 3 Shares |
Re: 9mobile Is Up For Sale - Who Do You Think Would Buy It? by Nobody: 10:17am On Nov 23, 2017 |
I wish GLOBACOM wins the bid because it will improve their network strength and for the good of Glo users.efficient use of data 106 Likes 6 Shares |
Re: 9mobile Is Up For Sale - Who Do You Think Would Buy It? by dukeo(m): 10:43am On Nov 23, 2017 |
Glo or Airtel 7 Likes |
Re: 9mobile Is Up For Sale - Who Do You Think Would Buy It? by omoadeleye(m): 11:09am On Nov 23, 2017 |
Make better company acquire the company 2 Likes 1 Share |
Re: 9mobile Is Up For Sale - Who Do You Think Would Buy It? by MrHenshaw: 11:40am On Nov 23, 2017 |
kingsamm: l know it was coming to this when they picked 9mobile as name. l only saw F9 in the name and not communication company. 80 Likes |
Re: 9mobile Is Up For Sale - Who Do You Think Would Buy It? by sorextee(m): 12:21pm On Nov 23, 2017 |
Dey go still sack workers again, after d last one dey did last month.. 1 Like |
Re: 9mobile Is Up For Sale - Who Do You Think Would Buy It? by Yelutide: 12:23pm On Nov 23, 2017 |
kingsamm: When next you copy, remember to give the original source credit... dumb head! Copy and paste blogger never amount to anything in Blogsphere. 35 Likes |
Re: 9mobile Is Up For Sale - Who Do You Think Would Buy It? by kingsamm(m): 3:34pm On Nov 23, 2017 |
Jejosan: My thoughts exactly 2 Likes |
Re: 9mobile Is Up For Sale - Who Do You Think Would Buy It? by kingsamm(m): 3:34pm On Nov 23, 2017 |
brighttech95:As real as the sun 2 Likes |
Re: 9mobile Is Up For Sale - Who Do You Think Would Buy It? by kingsamm(m): 3:35pm On Nov 23, 2017 |
sorextee: I hope it doesn't come to that |
Re: 9mobile Is Up For Sale - Who Do You Think Would Buy It? by AnodaIT(m): 3:53pm On Nov 23, 2017 |
Dangote is picking this one as far as Naija is concerned 23 Likes 2 Shares |
Re: 9mobile Is Up For Sale - Who Do You Think Would Buy It? by Nobody: 4:15pm On Nov 23, 2017 |
But where is Seun sef Scenarios: 1. Globacom Nigeria Limited, Nigeria’s second largest network operator (Subscribers would port to other networks) 2. Airtel Nigeria (Subscribers would port to other networks) 3. Dangote Group’s telecoms business unit (Subscribers would port to other networks) 4. Alheri Engineering Limited (Unknown) 5. Smile Telecoms Holdings (Subscriber growth will be recorded) 6. Centricus Capital and Africell (Good) 7. Abraaj Capital (Based in Dubai) (BEST!!!) 8. Teleology Holdings Limited (Unknown) 9. The Carlyle Group (Better) 10. Africa Capital Alliance (ACA) (Unknown) 17 Likes 4 Shares |
Re: 9mobile Is Up For Sale - Who Do You Think Would Buy It? by AngelicBeing: 4:17pm On Nov 23, 2017 |
Yawns, wetin consign me 2 Likes 2 Shares
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Re: 9mobile Is Up For Sale - Who Do You Think Would Buy It? by daryoor(m): 4:34pm On Nov 23, 2017 |
dangote has won already, politician don contribute stolen wealth for am to win the bid. dangote aka mr trustee 16 Likes 1 Share |
Re: 9mobile Is Up For Sale - Who Do You Think Would Buy It? by Turks: 4:37pm On Nov 23, 2017 |
Wow! From Etisalat to 9mobile Someone has airtel as their role model..lol 3 Likes |
Re: 9mobile Is Up For Sale - Who Do You Think Would Buy It? by Nobody: 5:37pm On Nov 23, 2017 |
Jejosan:If glo buys that network expect slow download 4 Likes 3 Shares |
Re: 9mobile Is Up For Sale - Who Do You Think Would Buy It? by kingsamm(m): 7:22pm On Nov 23, 2017 |
asuustrike2009: I believe, if Glo wins they could utilize 9mobile's existing tech to improve their network quality 20 Likes 4 Shares |
Re: 9mobile Is Up For Sale - Who Do You Think Would Buy It? by rozay12345: 2:09am On Nov 24, 2017 |
The best investor remains Dangote, i believe in his Midas touch, competition is good for the industry, 9Mobile should not be sold to a competitor who is interested in his subscriber base alone. 33 Likes 3 Shares |
Re: 9mobile Is Up For Sale - Who Do You Think Would Buy It? by Samusu(m): 6:32am On Nov 24, 2017 |
Hmmm, how the mighty has fallen |
Re: 9mobile Is Up For Sale - Who Do You Think Would Buy It? by chymer(m): 12:12pm On Nov 24, 2017 |
rozay12345: But Dangote does not engage in competitive businesses, he thrieves in monopoly. If he wins the bid, in three years other telcos, would have been frustrated out of business. That will be when the difference would be clear. 66 Likes 6 Shares |
Re: 9mobile Is Up For Sale - Who Do You Think Would Buy It? by Nobody: 9:35pm On Nov 24, 2017 |
[/quote][color=#000099][quote author=asuustrike2009 post=62650631] If glo buys that network expect slow download It won't be so because their are more mast available and wider network coverage 3 Likes |
Re: 9mobile Is Up For Sale - Who Do You Think Would Buy It? by Nobody: 4:31am On Nov 25, 2017 |
I hope glo wins the bid cause that means better network strength for the cheap data plans they offer 8 Likes |
Re: 9mobile Is Up For Sale - Who Do You Think Would Buy It? by 3rdavefarms(m): 6:54am On Nov 25, 2017 |
Mummy raufu odogo can buy it 2 Likes |
Re: 9mobile Is Up For Sale - Who Do You Think Would Buy It? by KayDEAN(m): 6:55am On Nov 25, 2017 |
Re: 9mobile Is Up For Sale - Who Do You Think Would Buy It? by olumaxi(m): 6:55am On Nov 25, 2017 |
I already knew it wil com to this............ |
Re: 9mobile Is Up For Sale - Who Do You Think Would Buy It? by Boyooosa(m): 6:55am On Nov 25, 2017 |
Me |
Re: 9mobile Is Up For Sale - Who Do You Think Would Buy It? by deepwater(f): 6:56am On Nov 25, 2017 |
Lol rozay12345: You have no idea how Dangote works. Until u explain to me how a giant in pasta was frustrated in noodles market he had to sell the plant and run with his brief case of money and tails between his legs, he literally scampered for safety in the noodles market where monopoly is not a word there. That being said, history teaches man nothing. As history is about to repeat it self again He shall win the bid, for qualifying the technical ITT, the commercials is a walk over the block. But what happens thereafter, the real investors behind the mask (Dangote) would start forcing incompetent mallams and ajiyas to head sensitive positions because Na my brother get am. The gurus in the market from other operators like MTN et al would use that loop hole to flog them out of business like the noodles and tomato paste saga. The best bet would have been to give Smile communications this stuff, they are doing well presently. Just like how they took Gaddafi outa Libya and it never remained the same same goes to etisalat Etisalat, a company that made many Nigerians became millionaires even before erecting 40 % of their mast. The TSA policy kept the banks under mad pressure NOT etisalat 16 Likes 2 Shares |
Re: 9mobile Is Up For Sale - Who Do You Think Would Buy It? by AlexCk: 6:56am On Nov 25, 2017 |
Dangote. Or maybe Seun Osewa, or Lala 4 Likes |
Re: 9mobile Is Up For Sale - Who Do You Think Would Buy It? by not4sure(m): 6:56am On Nov 25, 2017 |
Zinox 1 Like |
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