24 results
- 12 Mar 2025
9Mobile Dispute: Hayatu, Seltrix Respond to Funtua’s Trusteeship Claims
Hayatu Hadejia and Seltrix Limited have responded to the lawsuit filed against them by Abubakar Funtua, son of the late business mogul Isa Funtua, over the ownership of 9Mobile, telecom firm. As per…
- 10 Apr 2018
9Mobile: NCC Okays Teleology Bid, Gives it 90 Days to Pay $450m
Nigerian Communications Commission (NCC) has said that Teleology Holdings Limited is on course to take over 9mobile Nigeria provided the company is able to pay $450 million within the next 90 days.…
- 4 Jul 2025
Court to Decides on 9Mobile Ownership Tussle September 24
Federal High Court in Abuja has fixed September 24 to rule on several applications in the case of Abubakar Ismaila Isa, a businessman, who claims that his 43 million shares were allegedly transferred…
- 25 Mar 2025
Keystone Bank Seeks to Join Suit in Tussle over 9Mobile Shares Ownership
Keystone Bank has brought a motion seeking to be joined as a party to the suit over the ownership and control of Emerging Markets Telecommunication Service (EMTS), which is the holder and operator of…
- 29 Aug 2018
NCC Succumbs, Approves Sale of 9Mobile to Telelogy
Nigerian Communications Commission (NCC) may have succumbed and approved the sale of 9Mobile to Teleology Holdings Limited after several efforts to truncate the process. The handover of…
- 23 Sept 2018
9mobile's Sale Not Halted by $100m Debt- NCC
The transfer of 9mobile to Teleology Holdings Limited, its preferred bidder, was not being truncated by an alleged $100million outstanding debts owed by the telco, according to the Nigerian…
- 10 Jan 2019
Adrian Wood’s Teleology Holdings Unserious- 9Mobile
9mobile has officially reacted to the alleged withdrawal of Teleology from the company, saying the company represented by Adrian Wood, former MTN chief Executive, was unserious and did not help much…
- 5 Oct 2025
Court Strikes out Funtua’s Suit against 9mobile over Shares Ownership
Federal High Court sitting in Abuja has struck out a suit filed by Abubakar Funtua, businessman who challenged the alleged transfer of his 43 million shares to Emerging Markets Telecommunication…
- 14 Dec 2017
NCC Insists on Sale & Handover of 9mobile by Dec 31
The Nigerian Communications Commission (NCC) has restated that the December 31 deadline for the handover of 9mobile to the preferred bidder is sacrosanct. Globacom Limited, Bharti Airtel,…
- 15 Dec 2017
NCC Fixes Handover of 9mobile, as Glo, Others Send EoI
The Nigerian Communications Commission (NCC) has reiterated that the December 31 deadline for the handover of 9mobile to the preferred bidder is sacrosanct. Globacom Limited, Bharti Airtel,…
- 23 Mar 2018
Teleology Pays $50m, Set to Takeover 9mobile
Teleology has put finishing touches to its acquisition of 9mobile, Nigeria’s 4th telecom services provider, by paying $50m deposit, ahead of the deadline. Ahead of the March 22 deadline set by…
- 22 Feb 2018
Confirmed: Teleology is New Owner of 9Mobile
Mr Boye Onasanya, chief executive officer of 9Mobile, has confirmed that Teleology Holding is the preferred buyer of the telecommunication company. This came as Barclays Africa, the financial…
- 19 Jan 2018
9mobile: Airtel Pulls Out of Bid as Glo, Helios Fail to Name Price
Airtel Nigeria did not submit a final bid for 9mobile despite being on the shortlist of five, according to TheCable. Also, although Globacom and Helios Investment Partners LLP submitted bids,…
- 16 Jan 2018
Court Judgement: Confusion over Future of 9mobile
Spectrum Wireless Communications’ lawyers have warned all institutions or companies engaged in commercial transactions for the sale or acquisition of 9mobile that they did so at their own risk.…
- 20 Nov 2017
NCC, CBN Query Barclays’ Transparency in Sale of 9mobile
The handling of the sale process of 9mobile by Barclays Africa, the financial advisers, has come attack from the Central Bank of Nigeria (CBN) and the Nigeria Communications Commission (NCC),…
- 23 Mar 2018
Teleology Partners Safaricom, Unveils 10-Point Agenda for 9mobile
Teleology Holdings, the preferred bidder for the deal, has reeled out its 10-point agenda for 9mobile. This is coming some 24 hours after meeting Thursday’s deadline set by the financial…
- 8 Jan 2019
Subscribers Panic as Teleology Fight over 9mobile
Subscribers of 9mobile, are waxing worriedly as confusion trails the reported pulling out of Teleology Holdings from local telco. News broke early this week that Adrian Wood, former chief…
- 9 Aug 2018
NCC Issues MTN Deadline to List on NSE
Prof Umar Garba Danbatta, executive vice chairman, Nigerian Communications Commission (NCC has said that MTN must list on Nigeria's stock exchange on or before May 2019 as contained in the agreement…
- 31 Dec 2017
NCC Extends Sale of 9mobile
The sale process of 9mobile will now be concluded on January 16, 2018 following an approval of the extension of the deadline by the Nigerian Communications Commission (NCC), TheCable can report.…
- 10 Feb 2019
Court Asks CBN, NCC Not to Conclude Etisalat’s Sale over $43m Debt
A Federal High Court in Abuja has warned the Central Bank of Nigeria (CBN), the Nigerian Communications Commission (NCC) and others involved in the transaction for the sale of troubled telecom firm,…
- 1 Feb 2018
NCC Warns against Speculative Reports on 9Mobile Sale
Nigerian Communications Commission (NCC), Thursday warned the public against relying on speculative reports on the process of 9mobile sale, insisting that several reports that did not tally with the…
- 3 Jan 2019
Internet Subscriptions Up By 14% in November 2018
The latest data released by the Nigerian Communications Commission (NCC), the industry regulator, show that internet subscriptions stood at 108.5 million in November, representing y/y growth of 14%.…
- 22 Apr 2018
Court Halts 9Mobile Sale as Shareholders’ Demand $43.3m
Federal High Court sitting in Abuja, has stopped planned sales of the troubled telecommunication firm, Etisalat (now 9Mobile), following opposition to the move by some aggrieved shareholders. …
- 11 Mar 2018
Give Us 9mobile and We Will Transform it in 90 Days- Smile
Smile Telecoms Holdings has said it would reposition the company and make it attractive again within a space of 90 days, if given the opportunity to acquire it. This is despite the big fall of…