Tag Search : 9mobile

Telecom  |  NCC Implements 9Mobile Damage Control

The Nigerian Communications Commission (NCC) has started putting together measures to prevent any disruption of service at 9mobile following reports that Teleology Holdings might possibly abandon its acquisition deal of the troubled operator. Even though none of the parties involved ...
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Telecom  |  Nigeria: Teleology May Pull Out Of 9mobile Acquisition Amid Board Disagreements

There is a chance that Teleology Holdings could decide to walk away from its hard-won acquisition of Nigeria’s 9mobile after reports started doing the rounds about the operator’s management shooting down the buyer’s turnaround plan. After a sales process that ...
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No Licence Issued Yet In Teleology 9mobile transaction

The Nigerian Communications Commission (NCC) has not yet issued a telecoms operating license to Teleology Holdings who won the bid for Nigeria's fourth largest mobile operator 9mobile (formerly known as Etisalat). Prof. Umar Danbatta, the Executive Vice-Chairman and CEO of ...

Teleology Appoints New Board After Finally Taking Over 9mobile

After a long and thorough process, the Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have finally given Teleology Nigeria Limited the approval to take over 9mobile. As soon as the news broke, Teleology announced that a ...

Nigeria: 9Mobile In Muddy Waters For Violating Regulatory Rules On Promotion

The troubled 4th largest network provider in Nigeria, 9Mobile has entered into the black books of the Nigerian Communications Commission (NCC) for allegedly running promotion without approval which is in violation of the regulator's rules. The Enforcement and Compliance Monitoring ...

Nigeria: Teleology Determined To Succeed in 9mobile Take Over Bid, Releases A 10-Point Agenda

Teleology Holding's acquisition of the embattled 9mobile may succeed, despite the controversies that have followed the process since inception. Reports are saying that even though Teleology Holdings will most likely not be disqualified from acquiring Nigeria's 4th largest network, the ...

Nigeria: Show Of Technical Competence Is A Must For 9mobile Bidders – NCC

The Nigeria Communications Commission (NCC) has said it would not approve the sale of 9mobile to any bidder who does not meet the requirement of technical competence. The Executive Vice-Chairman of the regulatory body, Professor Umar Danbatta, said this in ...

Nigeria: NCC Approves Teleology Bid For 9 Mobile, Required To Pay $450m In 90 Days

The Nigerian Communications Commission (NCC) has announced that Teleology Holdings Limited, the preferred bidder of 9Mobile Nigeria is on course to take over the company, on the condition that they pay $450 million within the next 90 days. The commission ...

The 9Mobile Saga: Smile Communications Criticised For Being A Sore Loser

Stakeholders in Nigeria’s telecommunication industry are openly criticising Smile Communications, the second highest bidder for 9Mobile, for its seeming disrespect of the process since it lost out on the bid. Smile Communications, (Teleology the eventual winner), Glo, Airtel, and Helios ...

Sale Of 9 Mobile May Be Stopped By Nigerian House Of Reps - As NCC, CBN Deny Teleology!

The Nigerian House of Representatives may be forced to put a stop to the ongoing sale of the embattled 9mobile to the acclaimed highest bidder Teleology Holdings. This was hinted at by Mr Saheed Akinade-Fijabi, Chairman of the Telecommunications committee ...

Teleology 'Finishes' Move To Acquire 9 Mobile (Nigeria) In US$500 Million Deal

After an extended period of rumours (and counter-rumor) about the change of ownership at of 9mobile, a youth-focused telecommunications brand in Nigeria ((formerly Etisalat), the interim board of the company seems to have finally accepted the US$500 million offer from ...

Nigeria: 9Mobile (Formerly Etisalat) To Be Bought By Teleology For USD 500 Million

Adrian Wood's Teleology has agreed to pay USD 500 Million to buy Nigeria's fourth largest mobile network operator 9 Mobile (formerly known as Etisalat). Industry insiders will recall that Adrian Wood was the erstwhile managing director for MTN in Nigeria ...