The television advert sign-off message by Airtel Networks Limited (Airtel Nigeria), one of the leading mobile telecommunications company in Nigeria is that “you can manage everything in life, but not your data.”

But recent event has shown that the company itself has not been able to manage its business relationship with its business partners.

Founded in 2001 as Econet Nigeria and was awarded Digital Mobile License (DML) for communication service in Nigeria. It made history on August 5, 2001 by becoming the first telecommunications service provider to launch commercial GSM services in Nigeria.

The company has suffered series of nomenclature changes until it was christened Airtel in 2010 when Bharti Airtel, the parent company of Airtel Nigeria, completed the acquisition of Zain Group's Africa business in a $10.7 billion transaction.

On the 24th of July, 2020, the Court of Appeal upheld the decision of the Lagos State High Court delivered by Honourable Justice A, O Williams dated the 4th October, 2016 over indebtedness of N4.8 Billion by Airtel to Plus Limited, a dealer/trade partner with Airtel.

http://worldtopnewsng.com/airtel-network-in-n4-8-billion-debt-mess-with-lagos-partner/