The Nigerian Communications Commission (NCC) has frowned against several unconfirmed reports on the sale of 9mobile assuring the public that the transaction would be finalized within 30-40 days.
Several reports emerged recently that the sale of 9mobile had been over; these speculations continue to affect the brand, a situation which has led to the loss of subscribers amounting to 4million. Some reports claim that the interim board of 9mobile finally settled for Teleology Holdings Limited as the preferred bidder for 9mobile.
“The controversy and unconfirmed reports have made 9mobile subscribers to drop from 21million to 17 million in the last few months, but I will advise us to wait for another 30-40 days, and we will have clarity on the sales process,” Sunday Dare, Executive Commissioner, Stakeholder Management at NCC said in a forum on “Cost-Based Study for the Determination of Mobile Voice Termination Rate in Lagos
The sale of 9mobile is a process, which involved several parties such as the Nigerian Communications Commission, the Central Bank of Nigeria, Capital Investors, 9mobile Interim board and the Barclay Africa.
“The NCC and the CBN are working together to make sure 9mobile doesn’t sink, and the NCC’s intervention has saved 4,000 jobs,”