Skip to main content

Teleology formally takes over 9mobile

Teleology has formally taken over the management of 9mobile.

The company announced the constitution of a new board of directors for the company in Lagos on Monday.

It said that the constitution of the new board followed the successful completion of the tenure of the former board appointed by the Central Bank of Nigeria (CBN) and in fulfillment of the consequential transfer of final ownership to the new investors, Teleology Nigeria Limited.


“We thank all out-going members of the board for helping to shepherd 9mobile through the critical transition phase it has passed through since July 2017 and wish them the very best in their future assignments.

“For us, the composition of the new board of directors is another significant milestone, and this follows the issuance of final approval of no objection by the board of the Nigerian Communications Commission (NCC) to the effect that the technical and financial bids Teleology submitted for 9mobile met and satisfied all the regulatory requirements.

“This is indeed the dawn of a new era in the evolution of the 9mobile brand in the Nigerian market.

“Members of the new board of directors are: Nasiru Ado Bayero (Chairman), Asega Aliga (Non Executive Director), Adrian Wood (Non Executive Director), Mohammed Edewor (Non Executive Director). Winston Ndubueze Udeh (Non Executive Director). Abdulrahman Ado (Executive Director) and Stephane Beuvelet (Acting Managing Director)”, NAN quoted a statement by the management.

The company said that the new Chairman of the board had warmly received the appointment, “as we begin this new epochal phase, we wish to thank all the employees who built this viable business.

“Our debt of gratitude also goes to our subscribers even as we assure them to get ready for real best-in-class additional value for their relationship with the 9mobile brand.

“Without you, there could not have been a 9mobile business for us to invest in today. We will justify your confidence in our brand by making significant investments that will improve the value you get for using 9mobile.”

The CBN in collaboration with the NCC, had in July 2017, appointed a board of directors, chaired by Dr. Joseph Nnanna, a Deputy Governor of the CBN, to oversee the affairs of the company pending the completion of regulatory due diligence of the bid documents submitted by Teleology and sixteen others for its acquisition.

The bid process was superintended by Barclays Africa.

With the emergence of this board, the long process for the acquisition of 9mobile has reached a definitive end marking the beginning of a new era for the telecommunication company.



Comments

Post a Comment

Popular posts from this blog

Vulvar Care Tips

Vulva Care Maintaining a healthy vulva and vagina will help prevent infections and discomfort. Unusual changes in vaginal discharge is a sign that there might be an issue. Why is vulvar and vagina care important? Many women experience uncomfortable, vaginal infections (vaginitis) at one time or another. The area around the entrance to the vagina (vulva) can also become irritated. Steps can be taken to relieve and prevent vulvar discomfort and vaginal infections. Not all vaginal infections are alike and home treatments can worsen some types. If you have any concerns about your vulvar or vaginal health, or notice unusual changes in vaginal discharge, contact your healthcare provider if the problem persists. What is the vulva? The vulva is the area of female sex organs that lies outside of the vagina. These organs include folds of sensitive tissue called the labia (labia means "lips"). The labia has two parts. The outermost folds are called the labia majora. A secon...
Post a Comment
Read more

FRSC reinforces directive on use of google maps while driving

The Federal Road Safety Corps (FRSC) has clarified its position on the use of Google Maps, The FCT Sector Commander of the Federal Road Safety Corps (FRSC), Ayuba Gora was quoted saying that driving with the aid of Google map using mobile phones is a serious traffic offence. Gora said this at the inauguration of the 2019 Ember Months Campaign by Lugbe Unit Command of the FRSC in Abuja yesterday. But, FRSC Spokesman Bisi Kazeem making reference to Gora’s comments said the Sector Commander was quoted out of context and his statement outrightly misrepresented. Kazeem said the FRSC as a technology-driven organisation is not and has never stood against the use of Google Maps by Motorists. The statement read: “To state the obvious, we have always enlightened the public on the position of the law on the use of phone while driving. “The statement he made during the flag off buttresses the position of the Corps, which is that any driver who intends to deploy the use of Google Map...
Post a Comment
Read more

Eddie Murphy Expected To Star In "Coming To America" Sequel

The long-awaited sequel may finally be happening. Coming To America remains one of actor/comedian Eddie Murphy's most accomplished movies. Generally well-regarded by critics and a lifetime box office gross of nearly $289 million, it balanced Murphy's desire to launch himself into the role of romantic leading man while still maintaining a broad audience appeal. Now, according to The Hollywood Reporter, fans who have been waiting for a sequel to the hit film may not have to hold out too much longer. Jonathan Levine, who has directed movies like Warm Bodies and 50/50 is teaming with Black-ish creator Kenya Barris to inject some new life into the sequel hopes for Coming to America 2. Levine will be taking the reigns behind the camera while Barris ia on board to rewrite the script. Paramount has had an on again-off again relationship with this franchise follow-up, but earlier this spring the studio had officially given the project the green light, with original screenwriters ...
Post a Comment
Read more