Wednesday, 18 July 2018

9mobile buyer pays up

By Mary Lennighan, for Total Telecom
Thursday 22 March 18

Nigerian mobile operator looks set to get new owner as Teleology Holdings pays deposit

Teleology Holdings, the preferred bidder for Nigeria's 9mobile has paid a US$50 million deposit for the company a day ahead of deadline, pushing the deal a step closer to completion. The investment firm is expected to pay the balance of the agreed $500 million purchase price in the next 90 days and thereby take control of the mobile operator…

Teleology Holdings, the preferred bidder for Nigeria's 9mobile has paid a US$50 million deposit for the company a day ahead of deadline, pushing the deal a step closer to completion. The investment firm is expected to pay the balance of the agreed $500 million purchase price in the next 90 days and thereby take control of the mobile operator…

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