Nigerian commission says Etisalat licence cannot be transferred to banks
The Nigerian Communications Commission has told a consortium of banks that it cannot take over UAE-based telecoms operator Etisalat’s licence ...
Tag: Etisalat Nigeria
Etisalat wants to exit Nigeria with a clean sheet
Etisalat is reportedly aiming to divest hits Nigerian unit as soon as its US$1.2bn debt gets restructured. The UAE-based telecom may seek to ...
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. ...
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 ...
IHS Towers issues US$800m bond for refinancing and new capital structure
African tower operator IHS Towers has issued an US$800m senior unsecured bond, TelecomFinance has learnt. Fitch Ratings said in a note that IHS Nigeria is entering ...
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 ...
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 ...
Etisalat Nigeria and IHS ink tower sale and lease back deal
Africa-focused towerco IHS has bought 2,136 towers from Etisalat Nigeria in the country. The Nigerian mobile operator, a subsidiary of ...
Etisalat Nigeria interim CEO to stay in role
Etisalat Nigeria, a unit of UAE group Etisalat, has promoted Matthew Willsher to permanent CEO. Willsher has served in an ...
Standard Bank mandated for Etisalat Nigeria tower sale – report
UAE’s Etisalat has reportedly hired Johannesburg-based Standard Bank for advice on the planned sale of its telecoms towers in Nigeria. ...
