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Nitel Bid deadline moved to Oct. 26

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president_of_Nigeria.jpgNigeria’s Bureau of Public Enterprises has extended the deadline for potential investors in NITEL Nigerian Telecommunications Ltd. (NITEL), to submit their technical and financial bids, from today the 5th of October to October 26th instead.

Bids for NITEL and its mobile unit MTel, will be opened on Nov. 6 while the winner will be announced on Nov. 9, This Day newspapers reports.


In September, Nigeria’s Bureau of Public Enterprises (BPE) received Expressions of Interest (EOIs) applications from MTN and Etisalat Nigeria for at least 75 per cent equity in Nigeria’s NITEL.
Other companies that have made their intentions known, include Globacom, Omen International Limited (BVI), Summit Group, MTI Consortium, Finetek.Com, Ericsson Consortium and MTNL Limited, India. Others are Anas Network Services Limited, Telefonica Consort-ium, Metro PCS Communi-cations Inc, Brymedia (W.A) Limited and Galaxy Backbone Plc.

ITNewsAfrica.com

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