Nigeria braces for new telecoms disgrace as banks target a takeover of Etisalat’s local unit
A consortium of three local banks are reportedly set to takeover Etisalat’s Nigerian unit as the African telco struggles to meet its debt obligations. ...
Tag: Airtel Nigeria
MTN shelves Nigerian unit IPO until regulatory issues are resolved
South Africa’s MTN has halted preparations for the listing of MTN Nigeria as it waits for legal disputes to be resolved and a better ...
Airtel ups stake in Nigerian unit to 83.25%, overcomes dispute with Econet
India’s largest mobile operator Bharti Airtel has completed the acquisition of Econet Wireless’s entire 4.2% shareholding in Airtel Nigeria through its ...
Nigeria will await court verdict on MTN fine
A Nigerian government official has denied a report that MTN must pay a US$3.9bn fine by 31 December, saying that it will ...
American Tower snaps up 4,800 Bharti towers in Nigeria
American Tower has agreed to buy more than 4,800 towers in Nigeria from India-based telecoms group Bharti Airtel, according to ...
Nigerian regulator postpones 4G auction
The Nigerian Communications Commission (NCC) has delayed its auction of 2.6 GHz spectrum that was due to commence at the ...
Bharti to appeal court decision on Nigerian unit
India's Bharti Airtel will appeal a decision by the Nigerian court of appeal with regards to a long-standing dispute over the ...
Bharti hikes stake in Nigerian unit to 79%
Indian telco Bharti Airtel has acquired an additional stake in its Nigerian subsidiary Airtel Networks. The company announced to the ...
New CEO at Airtel Nigeria
Segun Ogunsanya has been appointed CEO of Airtel Nigeria, effective from 26 November. Ogunsanya will report to Manoj Kohli, CEO ...
Econet seeks US$3.1bn damages in Airtel Nigeria case
Telecoms group Econet Wireless is looking to obtain at least US$3.1bn damages in the Bharti Airtel Nigeria’s ownership case, according ...
