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HOT: Airtel, Smile, Glo and Two others set to buy 9mobile

HOT: Airtel, Smile, Glo and Two others set to buy 9mobile

HOT: Airtel, Smile, Glo and Two others set to buy 9mobile


9mobile network now has compainies awaiting to acquire the
network. Smile, Globacom, Airtel, Helios and Teleology Holdings
Limited are now the top five bidders. Meanwhile, MTN
group did not make it to the final bid . So,
out of the five bidders, who will be the eventual buyer in a
matter of weeks?
As 9mobile company gets closer to its final bidder, Boye
Onasanya, the CEO of 9mobile said it will have
more extensive discussions with the shortlisted parties.
“We are now moving on to the next phase, with plans
for more extensive discusssions and interaction with
shortlisted parties, one of whom will emerge as final
bidder in the coming weeks,” Onasanya said.”

In July 2017, Etisalat informed the Abu Dhabi Stock Exchange,
that it have pulled out of 9mobile as a result of controversies
surrounding the repayment of a $1.2 million loan taken by the
bank
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