Dangote, others in heated race to buy 9mobile

Dangote Helio Towers in 9mobile bid

The race to acquire 9mobile, Nigeria’s fourth largest telecoms network operator, is taking a new dimension.

Dangote Group and Helios Towers are already emerging as the top two contenders among the 16 local and international companies bidding to acquire it.

A source from Barclays, which is the official institution assigned to receive and evaluate bids from companies that have expressed their interest to acquire and invest in 9mobile said in a statement according to THISDAY

The source revealed that contrary to the expectations of industry stakeholders, that the big multinationals may likely win the bid process, there is a new dimension, which clearly shows that Dangote and Helios Towers are taking the early lead in the ongoing bid exercise, which is expected to be concluded by early next week, and result announced. 

It will be worthy to note the 9mobile previously referred to as Etisalat Nigeria have been struggling since investors pulled out of the company to pursue interests elsewhere. A subscriber on the 9mobile platform told Techstyle that he has experienced total and exploitative services from the embattled telecommunications company since they rebranded as 9mobile.

“It is quite sad that Etisalat had to leave the country. I cannot imagine what would happen in some years to this time if someone does not buy off those guys. Poor customer services, poor networking services…poor poor poor. Do you know I recharged 1500 to pay back a loan and these guys (9mobile) recorded that I paid back only 500 Naira- meaning I still owed 1000!! I complained to the Customer Service and next thing he said was we have checked our end nothing like that here, have a great day and dropped the call. No courtesy whatever! Customer service professionals that I know would even ask you sir or madam is there any other thing I can help with? This particular one did not even give me room for that?”

An embittered 9mobile subscriber shared his experience with TechstyleNG

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