BusinessTrending Story

Exclusive: Etisalat Nigeria Gets New Name- 9Mobile

1.4k
Advertisement




Etisalat Nigeria has just greatly accelerated the pace of its effort to stabilize the troubled telecoms company by changing the name brand.

Per Second News exclusively gathered that the new name is 9Mobile. At an executive meeting held in Lagos two hours ago, the name 9Mobile was adopted and all staff across the country are being notified of the change of name.

Emerging Markets Telecommunication Services Ltd. (EMTS) trading as Etisalat Nigeria on Tuesday  informed its customers that a proposed change of brand name will not affect its operations.

The telecoms company is yet to unveil the new brand to the public.

Etisalat Nigeria has 20 million subscribers, making it the country’s number four mobile operator with a 14 percent market share. Our mandate is to make sure the business runs as profitably as it can. What is most important now is to … ensure that the business runs and meets its obligations,” the company’s new chief executive Boye Olusanya said on Tuesday.

He said the telecom company is focused on getting the group back on track.

All UAE shareholders in Etisalat Nigeria, including state-owned investment fund Mubadala, had exited the company and left the board and management, Hatem Dowidar, CEO of Etisalat International, disclosed early in the week.

Author

See also  Port Harcourt Native Trains to be a U.S. Navy Future Warfighter

Leave a comment

Related Articles

From the Pulpit to the Boardroom: Pastor Jerry Eze Joins Heirs Life Board

Heirs Life Assurance has appointed Pastor Jerry Eze, one of Africa’s most...

Jarvis Clarifies Controversial ‘Womb Shifter’ Comment Following Online Backlash

By Segun Adebayo Content creator Jarvis has shut down rumors that she...

Fuel Subsidy Savings Channeled to Minimum Wage, Debt, and Loans, Says Finance Minister Oyedele

Savings realized from Nigeria’s petrol subsidy removal are being channeled into national...

US Imposes 12.5% Import Duty on Nigerian Goods

A new measure from the Office of the United States Trade Representative...