Sources Indicate MTN Nigeria Engages In Discussions To Acquire Ailing 9Mobile

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Sources Indicate MTN Nigeria Engages In Discussions To Acquire Ailing 9Mobile
Credit: © Reuters.

Technology Times.

The newspaper said according to reliable sources in the telecoms industry, MTN (JO: MTNJ ) Nigeria, a subsidiary of South Africa’s MTN Group, and Emerging Markets Telecommunications Services Limited (EMTS), the owners of 9mobile (formerly known as Etisalat Nigeria), are in advanced stages of negotiations concerning a frequency trade arrangement.

This spectrum-focused strategy is being explored as a means to revitalise struggling 9mobile, which has faced challenges following the departure of key technical partners and advisors, namely Mubadala of the UAE and Etisalat of the UAE.

Developing story…..

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