Nigeria: 9Mobile Faults Teleology Holdings, Adrian Wood's Claims
11 January 2019
The management of Emerging Markets Telecommunications Services Ltd. trading as 9mobile in Nigeria has faulted claims by Teleology Holdings and its leading promoter, Adrian Wood, over claims that the 9Mobile was not cooperating and slowing process of transforming the embattled telecommunications firm after it emerged as the preferred bidder.
In a statement signed and made available to journalists on Wednesday, by 9mobile's Director, Regulatory and Corporate Affairs, Oluseyi Osunsedo, the telecommunications firm explained that since taking over the company, and without any assistance from Mr Wood or Teleology Holdings, the Board has revived and enhanced relationships with key vendors and core business accounts; improved business relationships with suppliers; enhanced its core network capabilities to deliver network efficiency competitively with other operators.
According to her, with the assistance of leading global consultants, the company is also undertaking a complete review of its operational, regulatory, financial and technical architecture.
"On these bases, 9mobile has emerged from a period of uncertainty over the past two years to attain an active subscriber base of 16 million, representing a net increase of over 1 million subscribers in the last 6 weeks alone."