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NITEL

Mobile and Telecoms

Nigeria: Natcom pays USD 75.7 Million towards Nitel

Staff Writer -
Nigeria's Bureau of Public Enterprises (BPE) has revealed that Natcom Consortium, the preferred bidder at the recently held liquidation of Nitel/Mtel, has paid USD 75.7 million as part payment of its USD 252.5 million bid price. The BPE revealed that...
Mobile and Telecoms

NATCOM wins $252 million bid for Nitel & Mtel

Staff Writer -
IT News Africa has been following the Nigerian Telecommunications Limited (Nitel) and Nigerian Mobile Telecommunications Limited (Mtel), liquidation closely for the past few months. Back in November 2014, the BPE, the Bureau of Public Enterprises within Nigeria, had warned...
Mobile and Telecoms

Nigeria: BPE screening Nitel/Mtel bid proposals

Staff Writer -
Nigeria's Bureau of Public Enterprises (BPE) has begun the process of screening the technical as well as the financial proposals submitted by bidders for the Nigerian Telecommunications (Nitel) and its mobile subsidiary, Mtel. BPE spokesperson, Chigbo Anichebe, told media that...
Mobile and Telecoms

Nigeria warns Nitel/Mtel bidders to adhere to Nov 7 deadline

Staff Writer -
The BPE, the Bureau of Public Enterprises within Nigeria, has warned pre-qualified bidders in the liquidation of Nitel/Mtel to adhere to the 07 November deadline for the submission of technical and financial proposals. The BPE warned that no proposal...
Mobile and Telecoms

Nigeria: Nitel cleared for privatisation

Staff Writer -
The Nigeria Bureau for Public Enterprises (BPE) has revealed confirmation for the appointment of a guided liquidator for the privatisation of Nigeria Telecommunications (Nitel) as well as its mobile counter-part, MTel. BPE, Director General, Benjamin Dikki revealed that the National...
Mobile and Telecoms

Nigeria: Multiple firms show interest in Nitel

Staff Writer -
Nigerian Telecommunication Limited (NITEL) and Mobile Telecommunications Ltd (MTEL) have attracted as many as 17 bidders who are attracted to their core assets in the ongoing guided liquidation exercise of the national telecommunications carrier. According to dailyindependentnig.com, BPE's Director General Benjamin...
Mobile and Telecoms

China’s Huawei had plans to invest in Nigeria’s Nitel

Staff Writer -
Chinese telecommunications company and fast-growing mobile phone handset maker Huawei said that it had planned to make a $627 million investment into the now-defunct Nigerian telecommunications company, Nitel. Nitel's former COO Nicholas Okoye said that "had the corporation not had to...
Mobile and Telecoms

Nigeria – Nitel staff lay down ultimatum

Staff Writer -
Staff at Nigerian Telecommunications Ltd. (Nitel) have given the government a two-week ultimatum to pay ten months’ salary arrears owed to them. If the government fails to do so, they announced the union would go on strike. On October 4, the...
Mobile and Telecoms

Nigeria dragging feet with NITEL liquidation

Staff Writer -
The process of liquidation of Nigerian Telecommunications Limited (NITEL) has been delayed because the Nigerian government needs to attend to several legal and technical issues before continuing. NITEL was liquidated earlier this year. “The committee recommended that ‘guided liquidation’ should be adopted as the strategy for...
Mobile and Telecoms

Nitel workers protest in Nigeria

Staff Writer -
A rally has been setup by workers of the Nigerian Telecommunication Commission (NITEL) in Abuja to protest management’s failure to pay salaries for nine months. The protest also called for the removal of the Chief Executive Officer (CEO), Hajiya...
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