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Nairaland Forum / Nairaland / General / Business / Etisalat Pulls Out Of Nigeria (36398 Views)
Banks Refuse Naira Payment From Etisalat Nigeria / Etisalat May Leave Nigeria Over $1.2bn Loan Default (2) (3) (4)
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Re: Etisalat Pulls Out Of Nigeria by Senorprinz(m): 11:24am On Jun 21, 2017 |
NeeKlaus: Etisalat will take us along with them, Are you happy now. 2 Likes |
Re: Etisalat Pulls Out Of Nigeria by SIRKAY98(m): 11:24am On Jun 21, 2017 |
tgmservice: Nothing will happent to your Line Man Remenber D present Airtel...Changed severall from Vconnect,Econnect,Zain and d line still exist |
Re: Etisalat Pulls Out Of Nigeria by kingthreatz: 11:26am On Jun 21, 2017 |
SalamRushdie: Clowns like you will also blame your poor erection on Muhammadu Buhari and APC 4 Likes |
Re: Etisalat Pulls Out Of Nigeria by mokane28: 11:27am On Jun 21, 2017 |
Dangote for buy Etisalat naa |
Re: Etisalat Pulls Out Of Nigeria by TimeMod1: 11:29am On Jun 21, 2017 |
SalamRushdie:You are talking rubbish!. Buhari forced them into obtaining a loan they couldn't repay?.. All these jonathanians with no sense sef. mtschewwww. 3 Likes |
Re: Etisalat Pulls Out Of Nigeria by SalamRushdie: 11:29am On Jun 21, 2017 |
kingthreatz: You are an example of the "illiterate zombie gallery " I referred to in my comment ..It's a pity that you will never ever have sense in Ur life and guess what it's not your fault , it has to do with your faulty DNA blocks .. Just make sure you marry a woman smarter than you and your ancestors and you will be fine 1 Like |
Re: Etisalat Pulls Out Of Nigeria by whitebeard(m): 11:30am On Jun 21, 2017 |
Wait come again, etisalat did what. I just subscribe nah, and I still even won sub again..!! |
Re: Etisalat Pulls Out Of Nigeria by sdavirus: 11:31am On Jun 21, 2017 |
NeeKlaus: Nothing. Life goes on, apart from the scenario, where a bad management team takes over, and then we start experiencing bad net, and then, you decide to port. |
Re: Etisalat Pulls Out Of Nigeria by calyto: 11:31am On Jun 21, 2017 |
The company is not bankrupt; The company is not folding up; The company's service will not be affected; Does big companies borrow to expand business? YES Did they borrow?YES Are they willing to pay? YES Do they have the right to negotiate payment terms due to Naira devaluation?YES Does banks have the right to decline new terms?YES Is this the first time that such thing is happening in Nigeria?NO(Econet-Vmobile-Celtel-Zain-Airtel. Stay positive akpaan: |
Re: Etisalat Pulls Out Of Nigeria by LastSurvivor11: 11:31am On Jun 21, 2017 |
akpaan: What of me that just got a job with them 3 Likes
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Re: Etisalat Pulls Out Of Nigeria by SalamRushdie: 11:34am On Jun 21, 2017 |
TimeMod1: They stopped servicing the loan because after Buhari came and you think that's just a coincidence? We all remember them complaining that the govts economic policy was affecting their ability to repatriate profits needed to stimulate new FDI from investor...İ dont blame you because I know you have never ran a business in your life ... So you think think If Mubadala had any hope In the economy raising extra funds to service that loans will be a problem. You are just a free loading zombie on a 40k salary so I can't understand bro 3 Likes |
Re: Etisalat Pulls Out Of Nigeria by mikefilo: 11:34am On Jun 21, 2017 |
noting will happen to ur sim is only the name of the network that would be change |
Re: Etisalat Pulls Out Of Nigeria by AreaFada2: 11:35am On Jun 21, 2017 |
Caustics: A rabbit farm or enclosure is a rabbitry sir. A poultry is exclusively for birds. |
Re: Etisalat Pulls Out Of Nigeria by okezuoemmanue(m): 11:35am On Jun 21, 2017 |
[color=#990000][/color] Nija tire me ooo. U gave someone loan wen PDP was in power, economy was stable. But APC now took over, economy worsened. We got into a recession and u expect the person to come and pay. You can't u give him some time bearing in mind the economic downturn in the country. 1 Like |
Re: Etisalat Pulls Out Of Nigeria by Nobody: 11:37am On Jun 21, 2017 |
That's me in the corner, that's me in the spotlight chewing up my Sim card. |
Re: Etisalat Pulls Out Of Nigeria by Amberon11: 11:37am On Jun 21, 2017 |
I want it as a pet, everything is not food na. Iseoluwani: 1 Like |
Re: Etisalat Pulls Out Of Nigeria by WizAkzy: 11:42am On Jun 21, 2017 |
That's true sha greenhulk: |
Re: Etisalat Pulls Out Of Nigeria by djdoxxx(m): 11:43am On Jun 21, 2017 |
9jakohai:yea..maybe!!! |
Re: Etisalat Pulls Out Of Nigeria by WizAkzy: 11:43am On Jun 21, 2017 |
Phi001:i will really miss their services though |
Re: Etisalat Pulls Out Of Nigeria by seunmsg(m): 11:47am On Jun 21, 2017 |
Something is definitely very wrong with the desperate attempt by Access bank and its foreign partners to take over the company at all cost. I would have expected a receiver manager to be appointed first to see if the loans can be recovered with a better management but an outright takeover straight away is a little unsettling. A telecommunication company with over 21 million subscribers is a goldmine any day so, it is surprising that the company is defaulting in meeting its obligations. 2 Likes |
Re: Etisalat Pulls Out Of Nigeria by burkingx(f): 11:49am On Jun 21, 2017 |
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Re: Etisalat Pulls Out Of Nigeria by touchplay(m): 11:50am On Jun 21, 2017 |
So etisalat are aving issues with funds,they Now sending young boys and girls to run around all streets searching and disturbing people with etisalat Sims to re-register with them ,in this raining and cold season even when it rains.i see them hustling,smh. If them no pay this lads at the end of the program,ill personally sue etisalat. 1 Like |
Re: Etisalat Pulls Out Of Nigeria by TimeMod1: 11:52am On Jun 21, 2017 |
SalamRushdie:Amazing Ignoramus!. What is the debt/profitability ratio of etisalat in the same period?. What is the margin of profitability efficiency? You have no idea of a business operational model and you are here forming I sabi. How does a policy restrictions including capital flight prevents a company from her debt servicing?. Is Mtn Glo & Airtel not owing their creditors?. You don't understand basic economic prevalence..Yeye tanoid. |
Re: Etisalat Pulls Out Of Nigeria by burkingx(f): 11:52am On Jun 21, 2017 |
SalamRushdie:
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Re: Etisalat Pulls Out Of Nigeria by phanshark(m): 11:52am On Jun 21, 2017 |
ijustdey:mission faild in nigeria |
Re: Etisalat Pulls Out Of Nigeria by Nobody: 11:52am On Jun 21, 2017 |
A beautiful legitimate Heist has just happened and my Nigerians are not smart enough to join the global hedging game. Buy as low as 51% Equity, rebrand and make the Special purpose vehicle very appealing and package a product, then get the commercial bankers to rush in with beautiful ladies offering you billions of dollars in loan and sex you draw the credit lines and lock in private investors. Then tick tock tick tock, you sell off your equity and divulge your interests with the 'profit'. The game was just orchestrated to steal the loans and guess what ? It is legal. And they are gone, just allowing the Nigerian banks, their government and other private investors to hold the bag. This is the simple formula of the 1%. 1 Like |
Re: Etisalat Pulls Out Of Nigeria by iaminspired: 11:53am On Jun 21, 2017 |
Amberon11: No problem 08143412574 Just got banned with my former |
Re: Etisalat Pulls Out Of Nigeria by burkingx(f): 11:53am On Jun 21, 2017 |
pautex:
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Re: Etisalat Pulls Out Of Nigeria by SalamRushdie: 11:57am On Jun 21, 2017 |
TimeMod1: If you are smart by an inch you would have seen it was clearly an exit strategy not to service that loan again and instead convert it to transferable equity which they have clearly pulled of seamlessly but your low IQ can never let you see it . Keep supporting a clueless Buhari while you life and those of your loved ones are falling apart by the minute ...Even last week you could afford antimalarial for someone you love and you are here spewing partisan nonsense 1 Like |
Re: Etisalat Pulls Out Of Nigeria by SalamRushdie: 11:59am On Jun 21, 2017 |
seunmsg: It was clearly a carefully plotted exit strategy |
Re: Etisalat Pulls Out Of Nigeria by kingthreatz: 12:00pm On Jun 21, 2017 |
SalamRushdie: The beautiful damsel I married is smarter than anyone that has come out from your kindred. Your intellect is so woeful that you choose to blame a man for all your misfortunes like the previous president did any better.Maybe its the too much cumm you drink from your gay partners that has kept your IQ eroded. You need help. And please change your moniker. Salman Rushdie wont want to be associated with lowlifers. |
Re: Etisalat Pulls Out Of Nigeria by BABANGBALI: 12:00pm On Jun 21, 2017 |
I just loaded a credit of one hundred naira now, what's going to happen to my credit? |
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