Finally we now have a winner…16 bidders had indicated
interest in acquiring the mobile network, only five were shortlisted before the
number was further reduced to three.
interest in acquiring the mobile network, only five were shortlisted before the
number was further reduced to three.
Dangote Group Telecom unit, Bharti Airtel and others were
kicked out in the fourth round, Glo was kicked out in the third round and finally, Smile Telecom Holding succumb to
defeat as Teleology Holding bear the flag as the new owner of 9mobile.
kicked out in the fourth round, Glo was kicked out in the third round and finally, Smile Telecom Holding succumb to
defeat as Teleology Holding bear the flag as the new owner of 9mobile.
Bharti Airtel pulled
out of the race in acquisition of 9 mobile over insinuations that whoever takes
over 9mobile may be face mounting debt.
out of the race in acquisition of 9 mobile over insinuations that whoever takes
over 9mobile may be face mounting debt.
Promoted by Adrian Wood, the pioneer chief executive officer
of MTN Nigeria, Teleology emerged as the new owner of 9mobile ahead of Smile,
which had been the only other bidder in the final round of the takeover bid.
of MTN Nigeria, Teleology emerged as the new owner of 9mobile ahead of Smile,
which had been the only other bidder in the final round of the takeover bid.
It is believed that Teleology, a private equity firm with an
investment portfolio of $11bn, offered more than $500 million to acquire the
mobile network while Smile offered about $300 million.
investment portfolio of $11bn, offered more than $500 million to acquire the
mobile network while Smile offered about $300 million.
According to Thisday, A staff of 9mobile who spoke on
condition of anonymity, “this news is like a double whopper burger for us. I can
tell you there is an air of jubilation amongst the staff of 9mobile now. We did
not want any of the existing operators to acquire 9mobile as they would end up
sacking people and throwing people into the unemployment market under the guise
of right sizing the business.”
condition of anonymity, “this news is like a double whopper burger for us. I can
tell you there is an air of jubilation amongst the staff of 9mobile now. We did
not want any of the existing operators to acquire 9mobile as they would end up
sacking people and throwing people into the unemployment market under the guise
of right sizing the business.”
However, we await NCC to make formal announcement soon on
the emergence of Teleology Holding as
the new owners of 9mobile.
the emergence of Teleology Holding as
the new owners of 9mobile.
lets wait and see what they have to offer. congrats to teleology holdings.
good
Congrat to the winner
This is good and i hope they bring innovation to the market
I hope they mean well for Nigerians. As for the prayers of the 9mobile staff, I hope things work out well for them all
You mean as MTN mean well for Nigeria ?
Good for them. I hope they will bring really good and cheap innovative services
This creates hostel room for competition. The new buyer Teleology will definitely want to keep and get more customers. We see data been increased for a reasonable price, thereby making glo to give 10GB for 1k. That's my prophecy. Lol
Congratulations to Teleology.
At last we have a winner.
I new it, its has been in our blood, sentiment and selfishness.
Nothing good can come out of them, a fresher want to compete with the BIG BOSS, Glo & MTN, go and ask Airtel and others they are struggling to sustain them self.
Anyway welcome to the game, i believe someone that stole our country money bought this or someone who only cares for his own pocket grant the bid to this winner, i dont see them performing any magic
Now that dis people have taken over 9mobile,what r the expected changes?
Am not expecting any change. Rather, they will even try to Get back their money from their customers.
Hope they come to be good. 9mobile 4glte is the fastest and most stable in my area.
interesting…
prof kindly cf check have been able to access yomiprof via cf chrome browser since the beginning of this year…am in the only person having same issue
Congrats to this confusing name…….. @chi4sky no b u I talk for Kaduna camp?
Never heard of this name before oo
I think they r new in the industry
Yes they are new for their name sake
At last a new owner has emerged.