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9mobile Officially Sold To Teleology For A $500m Deal - Business - Nairaland

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9mobile Officially Sold To Teleology For A $500m Deal by TalkTechNG: 11:46am On Mar 25, 2018
The bidding of 9mobile which started last year with 16 firms has finally come to an end seeing Teleology came out as the preferred bidder for the telecom transaction on February 21st after beaten the deadline defined in the process and paying a non-refundable $50 million deposit.

9Mobile officially sold to Teleology for a $500m DealAlthough 9Mobile officially sold to Teleology for a $500m deal, Teleology Holding is still expected to complete the balance of its $500 million bid for 9mobile in the next 3 months to enable it to take complete possession of 9mobile.

Mr Adrian Wood, former CEO of MTN NG who captained the Teleology bid for 9mobile said it has taken over 9mobile’s loan. In his words:

“We have 12 executives coming in and they comprise five of my former colleagues at MTN such as the ex-CTO and ex-CFO. Others include executives from Orange, Vodafone, Celtel and others.”

“9mobile is transiting into a new phase that will be defined by optimal value delivery: value to our employees, value to our customers, value to local communities and indeed to all stakeholders.”

Source: http://talktech.com.ng/9mobile-officially-sold-teleology-500m-deal/

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Re: 9mobile Officially Sold To Teleology For A $500m Deal by thanki410(m): 11:54am On Mar 25, 2018
Money must be made .... Hope they better the service.. Make Them no do go spoil something...

Thou checketh my signature...

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Re: 9mobile Officially Sold To Teleology For A $500m Deal by Tasmithanderson: 12:13pm On Mar 25, 2018
Nice development,

They should work on their data plans prices

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Re: 9mobile Officially Sold To Teleology For A $500m Deal by Vistawaplord(m): 12:22pm On Mar 25, 2018
Let's hope they will work on data price

cc Lalasticlala mynd44 Slyrox
Re: 9mobile Officially Sold To Teleology For A $500m Deal by Dilama(m): 1:19pm On Mar 25, 2018
TalkTechNG:


Source: http://talktech.com.ng/9mobile-officially-sold-teleology-500m-deal/

Was it not leas than a year Etisalat was bought by 9mobile management, and now it's been sold already.
Re: 9mobile Officially Sold To Teleology For A $500m Deal by sleamzy06(m): 2:34pm On Mar 25, 2018
Booked!

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