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Teleology upsets Globacom, wins bid for 9Mobile

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Teleology Holdings Limited may have upset Globacom to win the bid for 9Mobile, news from Abuja has indicated, though official confirmation is being awaited.
Teleology is a special purpose vehicle led by a former head of MTN Nigeria, Mr. Adian Wood, and Ericsson.
The battle for the 20 million subscribers base telecom company has been on for weeks.
A knowledgeable source, confirmed the development, but the Nigeria Communications Commission (NCC) officials were not available for comments last night.
Details later…

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