Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,194,264 members, 7,954,030 topics. Date: Friday, 20 September 2024 at 11:08 AM

Etisalat Name Changed; 9mobile Telecoms - Phones - Nairaland

Nairaland Forum / Science/Technology / Phones / Etisalat Name Changed; 9mobile Telecoms (448 Views)

How To Opt Out Of Etisalat (9mobile) Data Plan Auto-renewal / Telecoms Beg NCC To Block Whatsapp, Skype, IMO And Other OTT Services / The Real Meaning Of 9mobile, Etisalat’s New Name – CEO Makes Revelation (2) (3) (4)

(1) (Reply)

Etisalat Name Changed; 9mobile Telecoms by Nobody: 10:01pm On Jul 13, 2017
Etisalat Nigeria has on Thursday, July 13, changed its name after weeks of reported crises.

The management of the company at the end of a management meeting in Lagos adopted the name 9Mobile as the new brand name.

NAIJ.com had reported the Emirates Telecommunications Corporation (ETC) has directed Etisalat Nigeria to stop using its brand name within the next three weeks. ETC, the largest shareholder in the firm, had since terminated its management agreement with its Nigerian arm.

According to NAIJ.com, the implication of the directive is that the new management must decide within the next 21 days on the options before it, which are either an outright sale of the company or merger with an existing operator in the country.

Etisalat, which controls 13 per cent market share in Nigeria, has had a running battle with a consortium of 13 banks since March, after it notified them of its inability to service its $1.2 billion debt in February due to the foreign exchange challenges in the country.


NAIJ

(1) (Reply)

Data Reseller: How Reliable Is Surutu25suru / Household Items For Sale / Moto Z2 Force Specs And Price

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 6
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.