9mobile sale

Management Says 9mobile Sale Not Voided, Calls for Calm

April 5, 2019

By Dipo Olowookere On Thursday, news went viral that the sale of 9mobile to Teleology Nigeria Limited has been voided by a Federal High

Economy

9mobile Sale: NCC Plans Fresh Due Diligence on Teleology

August 10, 2018

Dipo Olowookere

By Dipo Olowookere Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof Umar Danbatta, has disclosed that the agency was conducting another round

Technology

$125m Loan: Smile Faces Disqualification as 9mobile’s Reserve Bidder

May 16, 2018

Modupe Gbadeyanka

By Modupe Gbadeyanka There are strong indications that Smile Communications Nigeria Limited’s failure to disclose that its Nigerian shareholders have ongoing and challenging debt

Technology

Shareholders’ $43.33m Investment Frustrates 9mobile Sale

April 19, 2018

Dipo Olowookere

By Dipo Olowookere Plans to handover troubled and debt-ridden 9mobile to a new investor have suffered huge setback with the court ruling on Wednesday.

Technology

Reps Threaten to Stop Sale of 9mobile

April 2, 2018

Dipo Olowookere

By Dipo Olowookere Nigeria’s House of Representatives has threatened to stop the sale of 9mobile after Executive Vice Chairman of the Nigerian Communications Commission

Technology

Barclays Names Teleology Holdings New Owner of 9mobile

February 22, 2018

Modupe Gbadeyanka

By Modupe Gbadeyanka The sale of troubled 9mobile, the fourth largest GSM service provider in Nigeria, seems to have been completed following multiple reports

Economy

Airtel Pulls Out of 9Mobile Sale, Two Others Likely to Join

January 19, 2018

Modupe Gbadeyanka

By Modupe Gbadeyanka One of the top five firms jostling to purchase troubled 9mobile, Bharti Airtel, has reportedly pulled out of the race. TheCable

Economy

Fresh Crisis as Firm Warns Investors to Stay Off 9mobile Sale

January 15, 2018

Modupe Gbadeyanka

By Modupe Gbadeyanka One of the main investors in Etisalat Nigeria, which transformed to 9mobile, Spectrum Wireless Communication, has warned companies bidding to buy