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telecom firm

Court nullifies Etisalat board

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Etisalat

Four days to the sales of a giant telecom firm, a Federal High Court, Ikoyi, Lagos on Friday nullified the appointment of an interim board for Emerging Markets Telecommunications Service (EMTS). EMTS is the fourth largest telecommunications service operator in Nigeria and owners of Etisalat. Justice Ibrahim Buba, made the order based on the application […]

9mobile: NCC gives deadline for closure of takeover bids

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9mobile

The Nigerian Communications Commission (NCC) on Friday fixed January 16 deadline for receipt of bidding offers from prospective bidders to acquire debt-laden telecom firm, 9mobile. The NCC, alongside the Central Bank of Nigeria approved the deadline after 9mobile Board requested a time extension. It added that Barclays Africa will review bids submitted before the deadline […]