FEATURED
BREAKING! Teleology Takes Over 9Mobile
Teleology Holdings Limited has finally taken over 9mobile.
This is coming 11 months after the company made it to the top five companies making a bid to take over the telecommunications company.
BigPen Online recalls the sale process of 9mobile was initially billed to be concluded on January 16, 2018, following an approval of the extension of the deadline by the Nigerian Communications Commission (NCC) after an initial December 2017 deadline.
However, there was report of deliberate attempts to frustrate the sale of 9Mobile, formally known as Etisalat with alleged intention to give South Africa telecommunication company, MTN upper hand in the telecom market.
But the controversy which was centered around Umar Garba Danbatta, the Executive Vice Chairman of Nigerian Communications Commission,(NCC) has been laid to rest.
The much- expected “No Objection” that now pave way for the final sale of 9mobile to the preferred bidder, Teleology who have since transferred USD$251 million, the outstanding balance, into an escrow account at the CBN since June 29, 2018, have been issued, a source privy to the transaction told BigPen Online on Monday.
Nigeria Police to Receive Specialized U.S. Training, Modern Operational Equipment as IGP Meets INL Officials
Group Urges Olu of Warri to Expand Employments at PINL to Forge Inter-ethnic Unity Like Tompolo, Otuaro
Varsity Don Binebai Urges Unity, Peaceful Coexistence Among Ethnic Tribes for Progress in Warri
Kudirat Abiola: I Hold No Grudge Against Anyone — Hamza Al-Mustapha Speaks Out After 28-Year Legal Battle
Chevron/NNPCL JV Unveil Completion of Awodi-07 New Offshore Well in Niger Delta
Court Sentences Lagos Company Over N30.5m Theft from Chevron Contract Staff
Omo-Agege Declares Support for Oborevwori’s ‘Inclusive Governance’ as Delta APC Leaders Meet in Asaba Ahead Party’s Congresses
JUST IN: Kano State Gov, Yusuf Resigns from NNPP
EFCC Strengthens Pact With NEITI in Tackling Extractive Fraud
Presidency Withdraws Dakingari’s Nomination as Ambassador to Turkey in Sudden U-turn
Seplat Energy Names Tony Elumelu Non-Executive Director as Olivier Cleret Bows Out
Delta CP Aina Adesola Kicks Off Familiarisation Tour with Visits to Asaba Area Command, Asagba’s Palace
Police Nab Kidnappers, Cultists, Seize Battle Axe, Pistol, Drugs in Delta
Tinubu Announces Key Diplomatic Postings to France, US, UK, and Turkey Ahead State Visit
