21 results
- 19 Jan 2018
Former Workers of NITEL, M-Tel for Pension Payment
Retirees of the defunct Nigerian Telecommunications Limited (NITEL) and Mobile Telecommunications Limited (M-Tel), will soon receive their pension entitlement. This is coming on the heels of…
- 2 Jun 2014
Appeal Court Frees Momife, ex-M-Tel Boss
The Court of Appeal in Abuja has discharged and acquitted Edwin Moore Momife, former chief executive officer of M-Tel, for allegedly receiving bribes from German telecommunications, firm, Siemens…
- 12 Jul 2013
FG Appoints Olutola Senbore and Co to Liquidate Nitel, Mtel
Federal government has appointed Olutola Senbore and Co., a consultant liquidator of Nigeria Telecommunications Limited (Nitel) and M-TEL, its mobile subsidiary after several attempts to privatize…
- 15 Oct 2009
GSM Holders, Globacom Barred from Bidding for Mtel, Sat-3
Bureau of Public Enterprises (BPE) has disqualified GSM license holders (MTN, Etisalat, Zain and Glo) from buying Mtel, the mobile arm of Nitel, Nigeria’s beleaguered national carrier, Nigeria…
- 11 Oct 2015
NATCOM, New NITEL Owners to Roll Out Next Month
NATCOM Consortium, the new owner of the Nigerian Telecommunications Limited (NITEL) and its subsidiary, the Nigerian Mobile Telecommunications Limited (M-Tel) has concluded plans to roll out service…
- 22 Jun 2009
New Board Runs Nitel with ‘Project Terms’ System
Alhaji Abubakar Mohammed, chairman of the Technical Management Board on Nigerian Telecommunications Plc (Nitel), has tasked the staff of Nitel and its mobile arm, M-tel, to ensure that the…
- 22 Sept 2008
Altimo Expresses Interest in Nitel
Russia's Altimo has indicated interest in taking a stake in Nigerian Telecommunications Limited (Nitel). Mr Alexey Kousmichoff, Altimo's chief executive officer, last week visited Vice President,…
- 28 Apr 2015
FG Hands Over NITEL to NATCOM, Core Investor
Federal government yesterday finally handed over the beleaguered first national telecommunications company to new core investor, NATCOM Consortium. At a ceremony attended by notable persons in the…
- 25 Jan 2010
BPE Fixes Feb. 5 as Deadline for Submission of Proposal on Nitel
Bureau of Public Enterprise (BPE) has extended the deadline for the submission of technical and financial proposals for the privatization of Nigerian Telecommunications Plc (NITEL) and its mobile…
- 16 Mar 2009
FG to Offload Stake in Nitel
Federal government has began the process of selling its stake in Nigerian Telecommunications Limited (Nitel) as the National Council on Privatization (NCP) has approved the advertisement for…
- 15 Mar 2010
NCP Sets up Committee to Probe Nitel Bidders
The National Council on Privatisation (NCP) has set up a seven-member ad-hoc committee to undertake further due diligence on the prospective investors that bid for the sale of Nigeria…
- 14 Dec 2009
Nitel to Borrow N3Bn from Pension to Pay Salary Arrears
The National Council on Privatisation has approved that N3 billion be borrowed from the accounts of Nitel Pension Fund in Liquidation to pay five months salary of workers of the Nigeria…
- 25 Dec 2014
BPE, NATCOM Sign Agreement on NITEL’s Assets
The Bureau of Public Enterprises has signed an Asset Sale Agreement with the preferred bidder for the Nigerian Telecommunications Limited, NATCOM Consortium. In a statement in Abuja yesterday, Mr.…
- 23 Dec 2014
BPE Puts NITEL’s Liabilities at N300Bn
Bureau of Public Enterprises (BPE) has put the debt liabilities of the Nigerian Telecommunications Limited and its mobile subsidiary, the Nigerian Mobile Telecommunications Limited, at over…
- 3 Dec 2014
NATCOM Offers $252m, Wins Bid for NITEL, Mtel
NATCOM Consortium, a special purpose vehicle has emerged the preferred for the Nigerian Telecommunications Limited (NITEL) and Nigerian Mobile Telecommunications Limited (Mtel), its mobile subsidiary…
- 8 Dec 2009
Nitel Privatisation: Guiding against Previous Mistakes
The inability of Bureau for Public Enterprise (BPE) to conclude the sale of Nigerian Telecommunications Limited (Nitel) within the 60 days as directed by Vice president Goodluck Jonathan, who is also…
- 22 Feb 2010
Nitel: Another Privatization?
The privatization of Nigerian Telecommunications Limited (Nitel) has entered the history books as the most controversial laced with roadblocks. At a point, it appeared the privatization of the telco…
- 6 Nov 2015
Ntel Set to Launch Services on 0804 Mobile Numbering Plan
Nigeria Telecommunications (Ntel) the new entrant into the country’s telecommunications landscape plans to launch voice service on 0804 numbering plan, so called design for allocation of a unique…
- 8 Jun 2009
Revocation of SSPA: Death Call for Nitel
The federal government through announced last week the revocation of Shares Sales Purchase Agreement (SSPA) it entered with Transnational Corporation of Nigeria (Transcorp) and subsequently…
- 24 Apr 2018
NCC Withdraws 41m Starcomms, Zoom Mobile, Others Numbers
Nigerian Communications Commission (NCC) has withdrawn 41,095,448 telephone numbers assigned largely to Code Division Multiple Access (CDMA) operators, effectively sealing the blighted fate of CDMA…
- 21 Jul 2020
NCC Recalls 41.2m Unused Lines, Okays New Numbering Plans for 37 Telcos
Nigerian Communications Commission (NCC) has withdrawn some 41, 240,448 million lines that have been left inactive or unused by telecommunications licencees across 36 states of the country over the…