Glo, Airtel, three others bid to take over 9mobile

By -
Glo, Airtel, three others bid to take over 9mobile


Five firms are bidding to acquire troubled telecom firm 9Mobile (formerly Etisalat), The Nigerian Communications Commission (NCC) said yesterday.

It was learnt that the five were picked as qualified among the 16 that Expressed Interest to Barclays bank, the financial advisers on the bid.

NCC Executive Vice Chairman Prof. Umar Danbatta said yesterday the five successful bidders had been “allowed access to the data room of 9mobile in order for them to assess the financial situation of the company and subsequently make bids for the takeover under a regulated manner.”

He added: “The Central Bank of Nigeria (CBN) and the NCC are supervising what is going on through the Interim Board that was jointly appointed by both of them. We are going to look into the financial standings of the potential bidders as well as their technical capacity.

“In the final analysis we would like to see 9mobile taken over by a bidder who has the financial as well as technical capacity to fulfill all the requirements of the telecos to provide quality services to the country.”

Although Danbata did not give the names of the five firms, sources listed them as Airtel, Globacom, Smile, Helvis and Telelogy Holdings are the companies.

Danbatta, who spoke after declaring open the 82nd Edition of Telecom Consumer Parliament (TCP) at the Shehu Yar’Adua Centre, Abuja, also announced that Value Added Service sector of the telecommunication industry is worth over N30 billion.

The EVC thumbed up the exponential growth of Value Added Service sector, saying while it had provided job opportunities for Nigerians within the past few years, the sector had also helped to improve the wellbeing of Nigerians through its products and services.

“This VAS service providers normally leverage the networks to services on issues that are for the wel being of Nigerians, such as information on employment, information on which market to patronise in order to get the best deals when you went to buy goods.

The NCC boss also said the patronage of the various platforms opened by the NCC to check unsolicited messages/calls from service providers and protect the interests of consumers had grown beyond expectations as over 10 million Nigerians have activated the platforms.

The Nation

Comments

Post a Comment

Popular posts from this blog

Girl Who Escaped Opens Up: Boko Haram Rapés Us Up To 15 Times Everyday

By -
Image
As you read this, the over 200 female students abducted on April 14 from Government Girls School,Chibok, in Borno State are passing through hard times, with some of them being rapéd for as much as 15 times a day. One of the abducted girls who managed to escape made this shocking revelations. According Daily Mirror, “Families of the schoolgirls, aged between 15 to 18, are certain their daughters are now being used as séx slaves by an extreme sect that has killed 1,500 people since the start of this year alone. They are captives in the wild Sambisa Forest in north-east Nigeria where Boko Haram has a heavily armed camp of bunkers, tunnels, ramshackle buildings and tents.  “ One girl who recently escaped following an earlier kidnapping said she was prized as a terror leader’s wife because she had been a virgin . She said young female captives were raped up to 15 times a day, forced to convert to Islam and had their throats cut if they refused.” Daily Mirror said th...
Read more

Mushin Violence: Serial Killer, Others Arrested By The Police

By -
Image
Toba and Muda The Lagos State Police Command has arrested alleged serial killer, Adigun Oriyomi, aka Muda, after five months of being on the run. The command also arrested two others, including the alleged gang leader in the Fadeyi area of the state, Toba Ajiboye. PUNCH Metro had reported that Muda was arrested last year for murder and was charged to court and remanded, but was later released. After his release, Muda was said to have gone after those who wrote statements against him at the police station and was said to be involved in about four more murders, including that of a pregnant woman and her three-year-old child in the Akala area of Mushin.
Read more

HISTORY: THE STORY OF PROPHET EDWARD OKEKE (a.k.a Eddie Nogu, Okara mmadu Okara Mmuo) #BBNaija

By -
Image
E ddie "Nawgu" Okeke's alias was "Alusi N'eje Uka" this when translated to the English language means "The Diety Who Goes To Church". Prophet Edward Okeke (a.k.a Eddie Na Nogwu)was a Nigerian self-Proclaimed "Prophet of God" and Occult Practitioner. He was popularly known in the mid-1990s as "Eddy Nawgu" amongst the igbo speaking People. His nickname "Nawgu" came about because he was from the Nawgu community, a town situated in Dunukofia Local Government Area of Anambra State, Nigeria. He was a legend in the Word of crime in Anambra State, Nigeria. he committed so many atrocities during his life time. Rumor even has it that,he 'buried alive' able bodied young men/women (human beings) inorder to do his foundation in his house and around his fence.Although he was later Killed by the Bakasi boys and his house and church were burnt down. Let us look at his Tale empirically. Early life of Edward Okeke...
Read more