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Glo Distance Itself from the Acquisition of 9Mobile

Technology

Glo Distance Itself from the Acquisition of 9Mobile

Telecommunications company, Glo, has distanced itself from media reports which claim that it was the preferred bidder to acquire telecommunications company, 9Mobile.

A press statement issued in Lagos  said:

“Globacom have not acquired 9Mobile as widely reported in the media.”

According to the company,

“We are bound by the terms of the acquisition process as stipulated by the authorities handling it and we will not in any way sway or deviate from the rules”.

“We repose confidence in Barclays Africa, the Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN) which are handling the process that will lead to the emergence of a new owner for the company”.

Globacom urges all stakeholders and, indeed, the Nigerian public to disregard the report.

 

Clement Ogunbajo

I'm the definition of 'Dynamic'. A mathematician, analyst and info nerd. I'm my own BOSS.

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