Forth largest telecom company in Nigeria, Etisalat Nigeria on Tuesday wrote to its staff after the take over by a consortium of banks.

Chief Executive of Etisalat Nigeria, Mathew Willsher, in a memo, acknowledged the challenging business outlook for the company in the wake of the development.

He added that negotiations allowed the refocus of its energies on the financial, operational and strategic priorities to help the company emerge better and stronger from its current position.

Titled: “A Message From the CEO”

Willsher said since February, most staff were understandably anxious about the future of the company and the place of the workers in it. He alao said he was proud that the staff continued to apply their strengths in service, results and internal support to move the business forward on a daily basis.
“Our renegotiation with the banks are not yet over.

But, our shareholding structure is evolving,” he said. “This morning (Tuesday) Etisalat UAE notified the Abu Dhabi Securities Exchange of the forthcoming transfer of their shares to the appointed security trustee of the banks. The exact nature and timing of the transfer is still under discussion.

“But, we still expect the final transfer to be done in a coordinated manner.”

According to Daily Post, he said discussions were equally ongoing to address the different management, technical and internet protocol-related implications of the move, including the continued use of the Etisalat brand name to trade in Nigeria.

Wilsher assured that business would continue to operate, considering that planned exits was expected to be carried out with the banks, industry regulators and other interest groups. He noted that Etisalat’s immediate priority was to ensure there were no disruptions to its daily business operations.

“In spite of the changes that lie ahead, we aim to maintain continuity through our focus, capabilities and values. “We will continue to focus on the customer. Our commitment to delivering results through innovation, operational excellence and quality of service will endure.

“We will also be guided by our core values of passion for excellence, integrity, one team one mission, growing our people and empowering our people.”
Wilsher urged the staff to join their various leadership teams for briefing sessions in all offices across the country, to help answer their questions on what the changes mean to them and the business.



more @ http://www.exlinklodge.com/2017/06/telecom-giants-etisalat-nigeria-reacts.html?m=1

That's the Etisalat spirit

Wallahi didn't read that epistles

Only came here for STC

Dannieln1:
Wallahi didn't read that epistles

Only came here for STC

unfortunately you're not the FCT.. Horbi!

so what should we do now?

Una Data is expensive gon

so it true

I hope they resolve dis ooo

I will be kind to give those who did not read the epistle a summary.

Summary: The takeover by the group of banks in Nigeria is almost completed. The future remains uncertain especially as the brand name Etisalat is not owned by the company in Nigeria. ( Think Econet, Celtel, Zain). The CEO knows that his tenure is at its endpoint and thanks the staff for helping out.

May the Almighty provide jobs for those about to be affected.

better

Make on a kuku lemme know whether I go buy new sim card

eeyah!!! my company has been bought over.
lets see if there would be downsizing

them be SUNDERLAND JOOOR. RELEGATION NETWORK.

Any thread that does not contain Biafra is useless to me. Shameless Nigeria

In the other news, no elections in Anambra state. They should expect empty ballot boxes on that day

Etisalat must stay. Abeg don't do me like dis naw

He wrote to the staff! But I think what the staff really want to hear is not specified in that letter. Will or will they not be sacked?

When d snake's head is off,it doesn't stopped it from dragging.At least for a while b4 it goes into a final silence. Etisalat is dragging for survival. I pray they survive though

Chemical reactions from all angles. Banks too will soon react, then in couple of weeks coming, we shall know who's reaction is the baddest.

abeg i no read somebody pls explain wetin dem talk

Who cares?

In spite of the changes that lie ahead, we aim to maintain continuity through our focus, capabilities and values. “We will continue to focus on the customer. Our commitment to delivering results through innovation, operational excellence and quality of service will endure.


Oga I hope this will not affect my people working with Etisalat?

Goodnews to some folks while it is bad for others

We wish them well

Who Etisalat epp? Glo all the way.

At last.

Aye! Aye!! Captain



Business SMS at https://www.sms2profit.com

Etisalat is going down going down

Meanwhile My canon t4i 650D is for sale with 18-55mm lens, two batteries, and a free bag.

Check this thread https://www.nairaland.com/3846713/canon-t4i-650d-sale

naija which way..

And to think that they recently introduced double data promo in these trying times is just confusing.

Contacting my team to see how we can bail etisalat out of this....