Following the withdrawal of support by its Mubadala Group, Etisalat Nigeria is changing its brand name to 9Mobile. The investor from the United Arab Emirates, pulled out of Nigeria’s fourth largest mobile operator, due to a N541 billion debt.
On July 4, 2017, a new board, headed by Boye Olusanya, former deputy managing director of Celtel Nigeria (now Airtel Nigeria), was appointed at Etisalat Nigeria, to handle the smooth transition of the telecommunications company after a reallocation of shares.
The transition of the telcom, with 21 million subscribers, was brokered with the aid of the Central Bank of NIGERIA (CBN) and National Communications Commission (NCC).
More details as event unfold…