Thursday, 13 December 2018

Nigeria closes Nitel sale

By Mary Lennighan, Total Telecom
Monday 13 April 15

NATCOM pays balance of $252.5 million price tag for Nigerian telecoms incumbent.

The rebirth of Nigeria's telecoms incumbent has come closer to realisation as the consortium that won the right to take it over last year has paid the final instalment in the US$252.5 million purchase price. The NATCOM consortium emerged as the preferred bidder for Nitel and its mobile unit Mtel in December…

The rebirth of Nigeria's telecoms incumbent has come closer to realisation as the consortium that won the right to take it over last year has paid the final instalment in the US$252.5 million purchase price. The NATCOM consortium emerged as the preferred bidder for Nitel and its mobile unit Mtel in December…

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