Etisalat Nigeria CEO talks company rebrand and competition
20 July 2017 |
1:12 pm
Following the exit of the UAE's Mubadalah Group from Etisalat Nigeria, the telco has formally launched itself with the brand 9Mobile.
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21 Jun 2017
Etisalat has been instructed to transfer its 45 percent stake in Etisalat Nigeria to a loan trustee after debt restructuring talks with lenders failed.
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Etisalat Nigeria's loan saga has led discussions about Nigeria's telecoms sector in the last few weeks, but what are the implications of this for the sector?
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The Nigerian Communications Commission has been notified of Etisalat Nigeria's new name, 9mobile and approved it.
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Following the exit of the UAE's Mubadalah Group from Etisalat Nigeria, the telco has formally launched itself with the brand 9Mobile.
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According to sources quoted by Reuters, 9mobile formerly known as Etisalat Nigeria has appointed Citigroup and South Africa’s Standard Bank to manage the sale process for a stake in the telecoms company.
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Barclays Africa has pulled out as the financial adviser over the sale of 9mobile, this came after the Central Bank of Nigeria questioned the bank’s transparency in the bidding process of the telecommunication firm.
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NCC's January 16th deadline for bids to acquire 9mobile is fast approaching. Olusola Teniola, President of the Association of Telecommunications of Nigeria joins CNBC Africa to discuss the progress that has been made so far.
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Executive Vice Chairman of the Nigerian Communications Commission says the commission is yet to issue a new operating license to Teleology while responding to questions raised by a House of Reps committee over the takeover of 9mobile by Teleology.
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The Federal High Court in Abuja says the sale of EMTS, the managers of 9mobile to Teleology Nigeria should not have proceeded. Lami Adekola, Co-founder and Director of Hamilton and George join CNBC Africa to explain the legal issues around the sale of the telecoms company.
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Alan Sinfield, the Chief Executive Officer of 9Mobile speaks to GuardianTV exclusively on customer growth, competition, COVID-19 response, and how the pandemic actually affected their revenue.
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