Indications emerged yesterday that Teleology Holdings Limited may have been finally selected as the preferred bidder for 9Mobile, the country’s fourth-largest mobile network operator. According to the sources, the Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN) would still meet to consider Barclays Africa’s recommendation of Teleology Holdings for 9Mobile because of the licensing laws. These include Bharti Airtel, Globacom, Helios Investment, Smile Communications and Teleology Holdings Limited. The Guardian learnt that the number was further reduced to three, leaving Teleology Holdings Limited, Helios Investment and Smile Communications to compete. Globacom and Helios failed to back their technical bids with concrete financial bids, Teleology Holdings and Smile Communications, a telco operating in Nigeria, Tanzania, Uganda, Congo DR and South Africa, did.

Source: The Guardian January 27, 2018 02:03 UTC