Teleology finally takes over 9mobile, names new board

Teleology Holdings Limited has finally taken over 9mobile.

This is coming 11 months after the company made it to the top
five companies making a bid to take over the telecommunications
company.

In a statement seen by TheCable, and signed by Mohammed Edewor,
Teleology said it “is pleased to announce the constitution of a new
Board of Directors for Nigeria’s multi-award-winning
telecommunication company, 9mobile”.

This follows “the successful completion of the tenure of the
former Board appointed by the Central Bank of Nigeria (CBN) and in
fulfillment of the consequential transfer of final ownership to the
new investors, Teleology Nigeria Limited”.

“We thank all out-going members of the Board for helping to
shepherd 9mobile through the critical transition phase it has
passed through since July 2017 and wish them the very best in their
future assignments.

“For us, the composition of the new Board of Directors is
another significant milestone, and this follows the issuance of
final approval of no objection by the Board of the Nigerian
Communications Commission (NCC) to the effect that the technical
and financial bids Teleology submitted for 9mobile met and
satisfied all the regulatory requirements.

“This is indeed the dawn of a new era in the evolution of the
9mobile brand in the Nigerian market”.

The new board of directors is constituted by:

Nasiru Ado Bayero (Chairman)
Asega Aliga (Non Executive Director)
Adrian Wood (Non Executive Director)
Mohammed Edewor (Non Executive Director)
Winston Ndubueze Udeh (Non Executive Director)
Abdulrahman Ado (Executive Director)
Stephane Beuvelet (Acting Managing Director)
Nasiru Ado Bayero, the new chairman, appreciated the telco’s
employees and subscribers, who is said should be prepared for
best-in-class services forthwith.

“As we begin this new epochal phase, we wish to thank all the
employees who built this viable business,” Ade Bayero said.

“Our debt of gratitude also goes to our subscribers even as we
assure them to get ready for real best-in-class additional value
for their relationship with the 9mobile brand.

“Without you, there could not have been a 9mobile business for
us to invest in today. We will justify your confidence in our brand
by making significant investments that will improve the value you
get for using 9mobile.”

The sale process of 9mobile was initially billed to be concluded
on January 16, 2018, following an approval of the extension of the
deadline by the Nigerian Communications Commission (NCC) after an
initial December 2017 deadline.

Teleology eventually won the final bid, ahead of Airtel,
Globacom, Smile, Helios.

The company, 9mobile, formerly known as Etisalat Nigeria was
taken over in July 2017 following a N541 billion debt overhang.

News Express Names Speakers for 6th Anniversary
Lecture

Three eminent Nigerians have joined the list of speakers at the
News Express 6th Anniversary Lecture & Economic Forum holding next
week Tuesday, November 20, 2018, at the main hall of Sheraton Hotel
& Towers, Ikeja, Lagos. They are the Honourable Commissioner for
Information and Strategy, Lagos State, Kehinde Bamigbetan;
Executive Director of Media Law Centre, Richard Akinnola; and
Manager, Corporate Communications and Public Affairs, Nigeria LNG
Limited, Andy Odeh.

“A seasoned journalist, politician and administrator, Bamigbetan
boasts about two decades experience in government, so he is in a
pole position to speak on how successive governments in Lagos State
have been able to raise the bar of development and retain the
state’s title as Centre of Excellence,” News Express Publisher, Mr.
Isaac Umunna, said in a statement issued on Monday in Lagos.

On Akinnola and Odeh, he said: “A renowned activist and
influencer widely regarded as one of those who presently constitute
the conscience of the Nigerian Nation, Mr. Akinnola will develop
the Lecture theme, Transparency – Bedrock of Sustainable
Development, from the populist perspective.

“On his part, Mr. Odeh, a communication and boardroom expert,
will offer useful insight into how Nigeria LNG has been able to
emerge as a world-class company and the poster boy of Corporate
Nigeria.”

“We are happy to have Messrs Bamigbetan, Akinnola and Odeh agree
to join our list of eminent speakers at the News Express 6th
Anniversary Lecture & Economic Forum. They are, no doubt, a good
complement for the Managing Director of Nigerian Ports Authority
(NPA), frontline activist and administrator, Ms. Hadiza Bala Usman,
who was earlier announced as the main speaker of the day,” Umunna
said in the statement.

He described the News Express Anniversary Lecture and Economic
Stakeholders’ Forum as “an annual programme that has an established
trend of bringing together important business and political leaders
from across the country, as well as multifarious professionals and
influential media stakeholders.”

News Express, which debuted on August 29, 2012, is one of
Nigeria’s most popular and influential online dailies. It is read
by hundreds of thousands of people around the world and records
annual traffic of upwards of 100 million.
By PRNigeria