9mobile receives a loan from the African Financial Corporation to keep up with the stern competition in the Nigerian telecom market.…
Search Results For: 9mobile
NCC slams a combined fine of ₦136 million on Airtel and 9mobile
Nigerian Communications Commission (NCC) has fined Airtel and 9mobile the combined sum of ₦136 million for violating the Do-Not-Disturb directives among others.…
9mobile offers 30gb free data plus bonus data for 1 year
Have you heard about the 3G/4G MiFi offer from 9mobile, the best in class data package in the Nigerian market? This incredible proposition from 9mobile has been on offer for a while and is still delig…
9mobile has a new Chief Financial Officer
9mobile has announced the appointment of Mr Phillips Oki as its new Chief Financial Officer.…
Teleology Holdings Limited owned a minority stake in 9mobile
It has been revealed that Teleology Holdings Limited owned a minority stake in 9mobile.…
Teleology pulls out of 9mobile barely two months after acquisition
Barely two months after officially acquiring 9mobile, Teleology Holdings Limited is pulling out. Find out why.…
9mobile partners Bango to launch Mobile Payment Service
9mobile is living up to its identity as Nigeria’s most innovative telecommunications company, with the launch of 9pay. This is an operator-billed payment platform for Google Play store users, launched…
Teleology to raise $300 million loan for 9mobile acquisition
Teleology Holdings — the preferred bidder of 9mobile — has hired a global financial service firm to raise a $300 million bridge loan to seal the acquisition deal. According to a report by The Guardian…
9mobile sale: 3 reasons the Nigerian government may be blocking it
After its parent UAE-based company exited following a $1.72 billion debt default, Etisalat Nigeria was taken over by creditors in July 2017 and re-branded as ‘9mobile’. A 16-day sales extension from i…
Africa News Roundup: 9mobile woes
Here’s a quick roundup of last weekend’s top headlines on startups, entrepreneurship, innovation and tech from around Africa. The fate of 9mobile. The Federal High Court in Abuja has halted the …
9mobile stakeholders in court to stop acquisition process
The Federal High Court in Abuja has halted the sale of 9mobile on the ground that stakeholders of the company were not part of the acquisition process. This is coming after the preferred bidder, Teleo…
The fate of 9mobile still hangs on the balance
The acquisition process of 9mobile is taking a new turn as Teleology Holdings is expected to undergo exercises to test its technical and financial capabilities. According to the Nigeria Communications…
NCC confirms receiving down payment for 9mobile
The Nigerian Communications Commission (NCC) has confirmed receiving a payment of $50 million, being the 10% non-refundable fee for the acquisition of 9mobile by Teleology Holdings Limited The down pa…
What is the Nigerian government’s interest in 9mobile’s acquisition?
Just recently, we reported that Teleology had acquired 9mobile with the payment of a $50 million non-refundable deposit required. But more recent news is giving the acquisition process a new tune. Asi…
Teleology makes $50m down-payment for 9mobile
Teleology Holdings, the long-preferred bidder for the acquisition of 9mobile, has finally fulfilled the $50m non-refundable cash deposit requirement, essentially edging out fierce rival, Smile Communi…
Discontent and tussle over acquisition of 9mobile
After we thought 9mobile takeover was a done deal, it just might turn out to be the exact opposite, as Smile Communication Limited is unsatisfied with the ruling…
Teleology Holdings officially confirmed preferred bidder in 9mobile acquisition
Teleology Holdings Limited has officially been confirmed as the preferred bidder in the sale of 9mobile.…
Africa News Roundup: A $500m bid for 9mobile, MutliChoice fined ₦5.9bn
Here are last weekend’s top headlines on startups, entrepreneurship, innovation and tech around Africa. A 2-horse race? Coming on the heels of rumours that Globacom was favoured to takeover 9mobile, t…
Africa News Roundup: Glo reportedly acquires 9mobile
UPDATE: The NCC has released an official statement that neither explicitly denies nor confirms the possible acquisition of 9mobile by Glo: Our attention has been drawn to newspaper publications allegi…
The journey from Etisalat Nigeria to 9Mobile
This post is a delayed version of our weekly newsletter. If you would like to receive timely summaries like this every week in your email box, you can subscribe here. Etisalat came to Nigeria with a b…
