9mobile is up for sale.

9mobile is currently up for sale after the initial saga that led them into changing names from Etisalat to 9mobile. The scramble to acquire 9mobile, Nigeria’s fourth largest network operator, has advanced to the next stage.

10 bidders are left out of the 16 who expressed interest in the purchase. And the highest bidder will acquire 9mobile.

Here is a List of The 10 bidders of 9mobile

1. Globacom Nigeria Limited, Nigeria’s second largest network operator
2. Airtel Nigeria
3. Dangote Group’s telecoms business unit
4. Alheri Engineering Limited
5. Smile Telecoms Holdings
6. Centricus Capital and Africell
7. Abraaj Capital (Based in Dubai)
8. Teleology Holdings Limited
9. The Carlyle Group
10. Africa Capital Alliance (ACA)

The 10 firms above have been pre-qualified to submit their financial bids for the acquisition of 9mobile, this will be the final process through which a winner with the highest bid submitted for 9mobile, will emerge.

9mobile, formerly Etisalat Nigeria, was put on the block early this year after it defaulted on a $1.2 billion loan from a consortium of 13 Nigerian banks. Etisalat Group the mother company in Abu Dhabi backed out leaving its Nigeria arm of business to its own fate, to survive on a new name.

Source - http://www.naijatechs.com/2017/11/9mobile-is-up-for-sale.html

Comments

IMSU Best Student Gets N13.7M Scholarship From Rochas

IMSU Best Student Gets N13.7M Scholarship From Rochas Dr Chigozie Ekenze, the best graduating student at the 2016 combined convocation ceremony of Imo State University IMSU was given Thirteen Million Seven Hundred Thousand Naira (13,700,000) been by Governor Rochas Okorocha to enable him proceed for his Post Graduate Program in London immediately. Dr Chigozie who lost his Father after gaining admission to study Optometry in Imo State University and was almost withdrawn for lack of funding as his mother’s vegetable trade could not sponsor his education. After becoming governor in 2011, Rochas Okorocha declared free and compulsory education from primary to university for him.

JOB SECURITY IN NIGERIAN MASS MEDIA INDUSTRY (PART 1).

When we talk of job security its always long discursion for Nigeria employees, especially those in the media. For the next 2 to 3 weeks I'll be doing a write up on job security in the Nigeria media industry, where I'll discuss based on findings and observations, the job security level of media workers. JOB SECURITY IN NIGERIAN MASS MEDIA INDUSTRY (PART 1). INTRODUCTION. Job security has become an increasingly rare commodity in the global economy that offers no lack of cheap labour alternatives. However, that's no reason to dismiss the importance of job security for your career. Employees who settle into a position are more likely to achieve long-term career goals, better position themselves financially, and gain marketable skills that appeal to future employer, for those who don't, its the opposite of everything. First what is job security? Security in it self generally means protection, freedom from threats or low possibility of damage. Job secu...

WHEN APPLE FALLS

Yes, apples do fall everyday! well, maybe not just apples. Mangoes fall too and you've seen it fall several times, so what do you think? Ah! eat it up right? Well, someone saw an apple fall and made a big deal of it. he got people talking about that apple for decades and we still talk about it today. in fact, you can't claim to know the world you live in without talking about that apple. Sir Isaac Newton would pass for the definition critical thinking personified. It was recorded that Newton was taking a peaceful walk in his garden when he suddenly spot an apple falling from a tree. He sat thinking why the apple did not fall sideways or went back up, but fall down to the ground. From that unfolding, he embarked on a research and came up with the law of gravity. Yes, whatever goes up must come down. But you know what? Apples fall everyday. Yes, the little things that happen to and around us daily are like the falling apple in Newton's garden. If only we could be ...

Comments 234

Search This Blog