Preferred bidder makes $50m down payment for 9mobile

The preferred bidder for 9mobile, Teleology Holdings Limited, has paid the sum of $50m, being the non-fundable 10 per cent of the bid price required to keep its interest alive in taking over Nigeria’s fourth largest mobile operator. The Executive Vice Chairman, Nigerian Communications Commission, Prof. Umar Danbatta, who disclosed this on the sidelines of…

The post Preferred bidder makes $50m down payment for 9mobile appeared first on naija-news.com.



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