After months of negotiation and getting approval from the necessary authorities, Teleology Nig Ltd has finally taken over 9mobile. Now that the formalities have been concluded, the company has announced a new board of directors. This means that the board appointed by the CBN has been dissolved.
Shedding more light on the transition, Teleology spokesperson in a signed statement by Mohammed Edewor, said.
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.
It is yet to be known whether the new owners will change the Telecom brand name since it has undergone some name changes in the past.
But what we are sure of is that the new board of directors will come up with new strategies on how to beat their competitors. Also, Teleology Nig Ltd will bring something different to the table that will lure old and existing customers back to the 9mobile network.