/>
Thursday, July 13, 2017

Etisalat Nigeria Changes Name

Image result for etisalat nigeria
Etisalat Nigeria is changing its brand name to 9Mobile, TheCable has learnt.
A few weeks ago, Mubadala Group, the major investor from the United Arab Emirates, pulled out of Nigeria’s fourth largest mobile operator, due to a N541 billion debt.
On July 4, 2017, a new board was appointed at Etisalat Nigeria, to handle the
smooth transition of the telecommunications company after a reallocation of shares.
Boye Olusanya, former deputy managing director of Celtel Nigeria (now Airtel Nigeria), was appointed as the chief executive officer of Etisalat Nigeria to over see the transition. Olusanya was appointed to oversee the transition of the company due to his experience in the smooth transition of Celtel to Airtel.
The transition of the telcom, with 21 million subscribers, was brokered with the aid of the Central Bank of NIGERIA (CBN) and National Communications Commission (NCC).
NCC has warned the creditors that the licence awarded to Etisalat Nigeria is not transferable, effectively stopping the banks from taking ownership of the company.

No comments:

Post a Comment

I read every comment and would love to hear your thoughts.
Email: cuulme@gmail.com
Follow @NIGERIANWIVESCONNECTION on Instagram, Facebook. @WIVESCONNECTION on Twitter

wivestownhallconnection.com is an affiliate marketing of Amazon and enjoys small commissions for each product sold. wivestownhallconnection.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide Linking to Amazon.com. Amazon and the Amazon logo are trademarks of Amazon.com, Inc., or its affiliates. Additionally, wivestownhallconnection.com participates in various other affiliate programs, and we sometimes get a commission through purchases made through our links. We can confirm that the site does not primarily target children under 13 years of age.

Follow Blog Updates by Email

analytics

Related Posts Plugin for WordPress, Blogger...